Finance and Administration News
ĢƵ University responds to federal court ruling on FLSA Overtime Rule
On Nov. 15, 2024, a federal judge in the Eastern District of Texas invalidated the Biden administration’s Fair Labor Standards Act (FLSA) overtime final rule. This decision eliminates the scheduled salary threshold increase previously set to take effect on Jan. 1, 2025, as well as the automatic updates planned to occur every three years.
ĢƵ University extends 2024 Winter Break Closure
The 2024 ĢƵ University Winter Break Closure will be extended to include Monday, Dec. 23, and Tuesday, Dec. 24. ĢƵ University closes annually from Dec. 25 through Jan. 1 to recognize and reward the contributions of all employees on all campuses.
ĢƵ University recognized as state’s top ‘Green School’ by Princeton Review for 2025
ĢƵ University has been recognized as the top “Green School” in the state of ĢƵ, and among the “Top 50 Green Schools” nationally, within the Princeton Review’s
As part of this list, OHIO is being recognized for its “superb sustainability practices, a strong foundation in sustainability education and a healthy quality of life for students on campus.”
ĢƵ University streamlines W-2 distribution with ADP partnership
UHR will be partnering with Automatic Data Processing, Inc. (ADP) for the processing and filing of W-2 forms for 2024 which will be accessed by employees beginning in 2025.
On Tuesday, students walked across campus proudly displaying “I Voted” stickers stuck to their short-sleeved t-shirts. Voters basked on College Green, taking in a balmy 75-degree day before the election results arrived. Later that night, Donald Trump was announced as the 47th President of the United States, along with his drastic climate policies.
On Election Day, nationwide set records for high temperatures. Around the world, clamored to spread the news that 2024 will be the first year on record to breach the 1.5-degree Celsius warming limit. Each data set is a testament to the importance of climate change policy.
Yet, despite recent devastating environmental events, climate change took a during this year's election cycle. Milton and Helene tore across entire towns, wiping out whole communities. raged through Southeast ĢƵ, snapping the agriculture industry under its impacts. The U.S. lost of dollars to environmental disasters in the last year.
Elected officials determine the next steps for climate policy. By electing Donald Trump as president, the U.S. has put him in charge of deciding our future climate. Examining his last presidential term puts what awaits ahead for climate change policy into perspective.
Sustainability accounting: Using accounting to better society
When the average person thinks of accounting, they likely think of something monetary and rooted in finance. While it is true many accountants measure financial impact, recently, their skills are also being applied to sustainability—measuring environmental impact, social impact, emissions, employee well-being, energy usage and more.
Dr. Jennifer Stevens, an associate professor in OHIO’s College of Business says that her students are different today. More and more students have a desire to use accounting to make an impact and benefit society, and sustainability accounting is a career option for students to do just that.