Integrated Facility Services Becomes 100% Employee-Owned Company incorporates employee stock ownership plan August 6, 2021 No Comments Under the ESOP, all eligible employees will earn a yearly allocation of stock.Read More
HVAC Contractor Sent to Jail in State’s First Criminal Wage Case Owner admits to having employees misclassify themselves Ted Craig May 21, 2021 No Comments One HVAC contractor faces up to two years in jail for underpaying workers on prevailing wage projects.Read More
HVAC Contractors Should Expect Some Effect With a Possible Minimum Wage Increase An increase to $15 might have larger effects than some are anticipating May 20, 2021 No Comments A $15 minimum wage sounds like something the industry can handle, but for most of the country, this will be an experience without much precedent.Read More
Understanding What Wage and Payment Laws Mean for Business Owners How to navigate issues revolving around minimum wage and overtime Richard D. Alaniz April 23, 2021 No Comments By adopting proactive policies and monitoring for potential off-the-clock work, the risk of facing pay-related lawsuits can be reduced.Read More
How Would a Minimum Wage Increase Affect HVAC Contractors? Some believe an increase would lead to higher prices, while others believe the industry could weather it Gordon White April 14, 2021 No Comments The prospect of a $15/hour minimum wage briefly took national attention while Congress was hashing out details of the COVID-19 relief bill.Read More
How To Achieve a 5x Valuation Multiple In An HVAC Business The keys are stability, cash flow, and more Corey Philip October 2, 2020 No Comments Achieving a 5x valuation requires building a scalable business and is beyond the average HVAC listing sale price.Read More
Contractors Discuss How to Handle Tool Policies With Technicians Balancing costs for company, quality of instruments, and contentment of employees Gordon White September 7, 2020 No Comments Summer cooling season is in full gear, which means that both technicians and their tools are being kept extremely busy.Read More
The Post-Pandemic Workplace for Business Owners Navigating employee call backs and litigation pitfalls Richard D. Alaniz July 21, 2020 The reopening of America’s workplaces is creating a variety of challenges for employees and employers alike. Read More
Navigating Post-Pandemic Workplace Fallout Understanding litigation regarding furloughs and layoffs Richard D. Alaniz June 4, 2020 An employer’s best course of action is to follow all CDC, OSHA, and state and local health agency recommendations.Read More
Understanding Employee Leave Laws When employees can take paid and unpaid leaves January 29, 2020 As mandatory leave laws continue to proliferate, employers will be confronted with the demanding and complex obligations that apply under such laws.Read More