E-Gateway 11.1.16

Posted on November 1st, 2016 under News Flash.
“The Courage to Transcend,” A Speaker Luncheon featuring
Matthew Sanford hosted by Women in Business 

Wednesday, November 16
11:30 a.m. – 1:00 p.m. at Wayzata Country Club
Register Now

Author Matthew Sanford turns his remarkable story of trauma and loss, of paralysis and yoga, into powerful life lessons for individuals and organizations alike.  Having survived a devastating car accident that killed his father and sister and left him paralyzed, Matthew inspires audiences to explore the true nature of strength and shows them the blueprint for transforming obstacles into opportunities.  The ultimate goal of any courageous path is the service of others.  Guests will leave with practical mind-body tips to improve the quality of their everyday lives.

Presenting Sponsors:                                                        Event Sponsors:


                                            

On the Calendar This Week 

Tuesday, November 1
Women in Business Committee Meeting, 4:00-5:00 p.m. at Chamber Office

Tuesday, November 1
City Council Meeting, 7:00-9:00 p.m. at Wayzata City Hall

Wednesday, November 2
Bushaway Road Opening Ribbon Cutting, 9:00-10:00 a.m. on Bushaway Road

Thursday, November 3
Retail Committee Meeting, 8:30-9:30 a.m. at Grace Hill Design

Friday, November 4
Young Professionals Committee Meeting, 8:30-9:30 a.m. at Chamber Office


A great Ambassador Visit with Bay Bikes and Boards and Lift Cyclewear last week. Welcome to the Chamber!
Thank You Renewing Members 

Bill Wolfson Commercial Real Estate
BMO Harris Bank
CPR Cell Phone Repair
Flagship Bank- Jackie Herman
Gehrman Animal Hospital
Graham Jewelers
Innovative Flooring Design 
Linnihan Foy Advertising
Lunds & Byerlys 
The Country Cupboard Cake & Cafe
Wayzata City Council- Andrew Mulin
Wells Fargo Advisors- Pual Johnson
Well Fargo Mortgage- Hannah Klehr

Reminder: New Labor Regulations Effective December 1
Updated Overtime Eligibility 

Are new regulations on your business’ holiday wish list?  If so, you can thank the Department of Labor for delivering a revised regulation that will effect an estimated 4 million employees starting in December. Under the Fair Labor Standards Act, most employees are entitled to minimum wage and overtime pay protections.  However, the Act also carves out certain classes of employees that are not entitled to these wage protections. These employees are exempt from the requirements and, as such, the two classes of employees are called “non-exempt” and “exempt.”  The broadest class of exempt employees are executive, administrative and professional employees with predetermined fixed salary requirements. The current weekly salary level for these exempt employees is $455 (or $23,660 annually). The new rule, which is effective December 1, 2016, will increase the weekly salary level requirement to $913 (or $47,476 annually). Employers will be forced to either raise exempt employees’ salaries to the increased requirement so they retain their exempt classification or to re-classify the employees as non-exempt at the same pay rate and pay overtime when applicable. Additional information is available on the Department of Labor’s website at www.dol.gov. As in-house counsel from the outside for closely held companies, Sanford, Pierson, Thone & Strean, PLC, provides creative and personalized solutions to navigate regulatory requirements such as these.  Follow our firm at www.ssmnlaw.com.

Project Updates in the Wayzata Area…

    

CR-101/Bushaway Road from Minnetonka Blvd to Eastman Ln/McGinty Rd is open! The rest of the roadway, including the bridge is scheduled to open November 1. For more information visit the website here: hennepin.us/countyroad101.

I-494– Access to Wayzata will be maintained from I-394 and Minnetonka Boulevard. Keep an eye out for new signage directing travelers to Wayzata area businesses! For more information on the project visit: dot.state.mn.us/metro/projects/i494plymouth/

Member Spotlight 

Wayzata Brew Works 
Wayzata Brew Works made the list of the best new breweries in Minneapolis. Click here to read more.