Ignorance is not necessarily bliss for a Minnesota business owner when it comes to regulatory compliance responsibilities such as the preparation and filing of taxes. Owners may be liable for the errors or even malfeasance of entrusted employees and representatives.
What are the importance of wage records in employment disputes?
Under the federal Fair Labor Standards Act, non-exempt employees are entitled to overtime for hours that are worked over a 40-hour workweek at a rate of 1½ times their normal wage rate. These workers have the right to file a legal action to recover any unpaid overtime wages. However, they also assume the burden of proving that they performed work for which they were not adequately compensated.
Business start-ups need guidance
Starting a business in Minnesota requires more than a good idea, contract or the purchase of equipment and real estate. Legal requirements impact every aspect of a business from site selection through hiring and paying workers. Legal standards apply to every type of employer such as a restaurant, car dealer or construction business.
St Paul post office to become Hyatt
Commercial real estate transactions can transform outdated but classic structures into a 21st century development. The Depression-era former post office in St. Paul will, after renovations, become a 149-room Hyatt, 202 luxury apartments and a street-level restaurant. Nearly 400 workers will be employed on the construction which is estimated to cost $125 million.
