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Business Blog

These weekly blogs will provide resources to Chamber members to help them run their businesses more efficiently and successfully.

Employee retention has taken on a new significance amid one of the tightest labor markets of the past 50 years. The robust job market has given many employees the confidence to seek new opportunities, while employers are wrestling with rising compensation and heated competition for new hires, both salaried and hourly.

On March 28, for the first time in 50 years, the Department of Labor (DOL) proposed changing the definition of the "regular rate" of pay—the building block for calculating overtime.

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