As you start thinking about Christmas shopping, are you worried about your personal information being stolen? Most Americans are concerned yet many take no preventive action. Through frequent credit monitorization, not only do you lower your risk of identity theft, but you’re also able to know where your credit stands at all times. This can be especially helpful if you’re seeking to raise it before applying for a loan or line of credit. By knowing your credit standing before applying, you’re not only more likely to get approved but some banks will even give you a lower interest rate if you have a high enough score.
Empower your property with quality applicants and life-long residents with a new cloud-based property management software! Developed with over 30 years of industry experience, CICTotal is an innovative software that allows you to attract, screen, rent, manage, and collect, all within one easy-to-use, online platform. Take advantage of CICTotal’s revolutionary features when we launch in the coming months!
**UPDATE 12/2/16: On December 1 (the day on which the new salary level was supposed to become effective) the Department of Justice and Department of Labor filed a notice of appeal from the district court’s order granting a preliminary injunction. The notice was filed around the same time that a number of members of Congress held a media event in support of the increased salary level. According to Seyfarth Shaw LLP, at this time, it does not appear that the government has sought a stay of the preliminary injunction. Subscribe for continued updates**
Late Tuesday afternoon, Judge Amos Mazzant of the United States District Court for the Eastern District of Texas issued an order enjoining the U.S. Department of Labor’s implementation and enforcement of the new overtime exemption rules that were set to go into effect on December 1, 2016. The court granted a motion for preliminary injunction filed by the attorneys general of 22 states, in which the states argued among other things that the new rules were unlawfully promulgated and would be likely to cause irreparable harm to the states that requested the injunction. The court also considered amicus arguments made by various chambers of commerce and trade associations, which filed a companion case asserting similar and separate grounds for overturning the DOL’s new rules. Although the court’s order leaves some room for confusion on this point, it appears to apply to all public and private sector employers nationwide.
With several states voting on the legalization of marijuana this November, you’ll want to prepare your employee policy in case it passes in your state. As we stated in Employee Marijuana Use: Companies Still Have a Say, “so long as marijuana is deemed illegal under federal statues employers are within their rights to take action against employees, and even applicants”. While the U.S. Department of Housing and Urban Development (HUD) released a memorandum also siding with federal law in 2015, as marijuana becomes legalized in more states, you might want to include language in your employee policy that further protects your company.
Insuring that your new business partners, vendors, and clients are trustworthy and reliable is a huge priority. You don’t want your business to be vulnerable to threats. Just as you perform background screening on potential employees, why not do the same to businesses as well? By running an Experian® Business credit report online, you’ll find out who are trustworthy, sidestepping risks to your business and reputation.
What is an Experian® Business Credit Report?
On September 25-28, 2016, CIC™ will be participating in the Multifamily Exchange Fall Show and hopes to see you there! The event promises to “change the way purchasing executives source new products and build relationships with vendors” and will take place in Palm Beach, Florida.
Our Vice President, Dan Firestone, CAS, will be attending and is “very excited to be participating in this fall’s Multifamily Exchange. We look forward to showing the property management attendees the products and services CIC has to offer which streamline the rental applicant process.”
Effective December 1, 2016 a new change to labor laws will go into effect that directly affects salary exempt employees across the United States. To learn how this change might affect you and your business, review this helpful infographic originally provided by the legal professionals at Seyfarth Shaw LLP.