FARMINGDALE, N.Y., June 30, 2016 /PRNewswire/ — Alcott HR, a leading provider of human resources (HR) outsourcing solutions with offices in Farmingdale, Buffalo, Manhattan, Rochester, NYC, and Europe has released an online calculator tool to help businesses prepare for the upcoming United States Department of Labor (DOL) changes to overtime regulations.
Accessible via Alcott HR’s website at (www.alcotthr.com) the online Overtime Estimator Calculator’s purpose is to help businesses evaluate how much the proposed changes are likely to cost their businesses’ bottom line.
Steven Politis, Vice President of Alcott HR stated, “Our goal for this tool is to begin the process of increasing small businesses’ awareness of the DOL’s final regulations and to help companies start preparing for the impending rule changes with an immediate turnaround of some of their options.”
The user-friendly interactive calculator provides results based on employee-specific data entered in the interface. It provides businesses with a quick estimate as to what may be the most cost effective approach in complying with the new regulations.
Alcott HR is a one-stop shop for all business’ HR-related needs. Alcott, through its professional employer (PEO) and administrative services (ASO) models, provide clients with a full-range of payroll services, best practices human resources guidance, employee benefits & administration, compliance assistance, risk management and more, empowering businesses to focus on revenue-generating activities that will help companies grow.
About Alcott HR: Founded in 1987, Alcott HR is a leading nationwide provider of Human Resources Outsourcing (HRO) services. The company provides a comprehensive and customizable HR solution that includes regulatory compliance, HR administration, payroll processing, training and development, employee benefits design and administration, and tax administration. Headquartered in Farmingdale, with offices in Buffalo, Manhattan, Rochester, NYC and Europe, the company services a wide range of clients in diverse industries, including longtime, start-up and growing businesses, professional associations and nonprofit organizations.