Almost every owner has a selling price he or she would like for the business, including publishers. The publishing industry has used many methods to determine a publication's value; the most common method now used is a multiple of cash flow. However, often sellers set a price by what their business is worth to them, and sometimes it is based on what they need, which is rarely related to the value.MORE
There is a misconception about what leadership is and what it takes to be an effective leader today. Oftentimes a member of top management can relate success to bottom-line results, not realizing that without commitment to the dignity of each employee this success is usually short lived.MORE
Michael Zinser outlined an action plan for all employers during last week's webinar on the U.S. Department of Labor’s New Rule on Overtime.
While he noted that the November 2016 election could impact the finality of the rule, he encouraged all employers to take steps now so they are prepared to implement the changes.MORE
It's important to remember that not all criticism is valid. To benefit from negative feedback, you must learn to appraise criticism and decide whether to act on it. Otherwise, you may react to every negative comment and end up adopting counterproductive habits. Use these criteria to determine how to respond to negative feedback.MORE
All questionnaires for this year's SNPA Salary Survey must be returned to the SNPA office by this Friday, May 27.
Publishers who share data for this important study will receive a benchmarking report the first week of June that looks at salaries and wages of department heads and non-supervisory staff.MORE
Ohio Supreme Court upholds a minimum wage amendment in the Ohio Constitution that states, in pertinent part, that "employer," "employee," "person" and "independent contractor" all have the same meanings as they do under the Federal Fair Labor Standards Act.
While not specifically discussing this case, federal law also excludes from the Wage and Hour Law individuals who deliver newspapers to the consumer. The same exclusion should also apply under Ohio law.MORE
Eight executives from SNPA member newspapers have been selected to participate in SNPA's 2015-16 NEX GEN class. They will be paired with experienced industry experts in a structured mentorship program.
Read about the executives who will participate as members of the 2015-16 NEX GEN class.MORE
Instead of bemoaning the loss of old categories in classifieds, a strategy of developing new categories has turned into significant print classified revenue growth at the Times-Herald Record in Middletown, N.Y.MORE
Stealing the value meal concept from McDonald's and the "Have it your way" slogan from Burger King, Creative Circle created some winning house ads for several of its classified redesign clients that saved time in the call center and increased upsell sales at the same time.MORE
The National Labor Relations Board has held that companies do not violate the National Labor Relations Act solely by misclassifying employees as independent contractors. Bottom line: the decision to classify an individual as an independent contractor rather than an employee will not, by itself, subject an employer to liability under the National Labor Relations Act.More
The U.S. Department of Labor's rule to increase the salary threshold for the overtime exemption of executive, administrative and professional employees under the Fair Labor Standards Act has not yet been finalized.
The March 7 proposed rule was open for comments for a 60-day period. The Department of Labor received more than 116,000 public comments. The Department of Labor sent its final draft of the rule to the White House and the Office of Management and Budget on Aug. 12. The text of the final rule has not been made public.
When the final rule is published with an effective date, many expect unions and worker advocates to mount legal challenges to the rule. Even though the final rule may be challenged, it would be wise to be developing a plan now to address this huge budgetary issue.
This column focuses on the standard salary threshold, which will have the most dramatic impact on your company, and offers an action plan to address the standard salary threshold increase.More
As we celebrate joining together SNPA and Inland, it is worth at least a moment to honor the first principles of the newspaper industry that gave rise to both groups. And those, without a doubt, are freedom of the press and the parallel right to know and to distribute news.
Honoring those principles requires some reflection on the industry's singular role in building America's First Amendment foundation. And it is safe to say that SNPA's and Inland's member newspapers can fairly take credit for shaping the free speech and free press tradition of the republic like no other industry and, for that matter, like no other country on earth.More