If you are an Arizona business owner, odds are you are all too familiar with Proposition 206, the Fair Wages and Healthy Families Act approved by voters back in 2016. And while the proposition has been in effect for over a year, the phased-in nature of the Arizona minimum wage increase dictated by the law… Read more about 5 Tips for Small Businesses to Adapt to the Arizona Minimum Wage Increase
The deadline to make sure that your business and its payroll are compliant with Proposition 206 regulations has already passed. But if you are like many other business owners in Arizona, you may still have lots of questions or anxiety about whether or not you are doing it right. While Prop 206 compliance seems like… Read more about 5 Tips to Help Make Your Payroll Prop 206 Compliant
The year of 2017 has been an eventful one for business orders across the United States with the many state minimum wage changes passing during the past year. Raising wages, along with increasing paid sick leave and other employee benefits, changes the whole structure of how a business functions. In some states, this has been… Read more about 2017 State-by-State Minimum Wage
Fun fact The first book on double-entry accounting was written in 1494 by Italian mathematician and Franciscan friar Luca Bartolomeo de Pacioli. Although double-entry bookkeeping had been around for centuries, Pacioli’s 27-page treatise on the subject has earned him the title “The Father of Modern Accounting.
The new year has brought many new changes to businesses everywhere, including Arizona paid sick time laws. Due to Arizona Proposition 206 being approved in the election, companies statewide have been working hard to adjust to the minimum wage raise and increased Arizona paid sick time law. Arizona minimum wage was raised to $10 an… Read more about Arizona Proposition 206, Paid Sick Leave and Existing PTO Plans
With Proposition 206 currently in effect in Arizona, even while the law still awaits decisions from pending court dates, many small businesses are understandably focused on the implications for their operating costs based on the mandated minimum wage increases. However, other provisions of the law will have significant impacts on businesses as well. We have… Read more about Prop 206 Paid Sick Leave
Minimum wage has controlled and influenced the world’s economy for over 100 years now, and for good reason. Without minimum wage, employees could be exploited for their services and poverty levels could sky rocket. Nearly every US state has their own minimum wage laws that affect big and small businesses immensely, as reflected with the… Read more about History of the Minimum Wage (Infographic)
There’s no doubt that the Prop 206 is on every business owner’s mind when planning out their new business year and financial goals. This is because Arizona Proposition 206 has raised the minimum wage to $10 per hour, and gives employees between 24 to 40 hours of paid sick leave each year, depending on the… Read more about Phoenix AZ Guide to Navigating Prop 206