The Library

Banking Alert: MLK Day

Banking Holiday248

Martin Luther King, Jr. Day

Monday, January 16, 2017
– Banks are closed –
There will be no banking activity.
No direct deposits will settle or be initiated on this day.*
– Southwestern Payroll is open –

*No electronic banking (ACH, Direct Deposits, Wire Transfers etc.) Continue reading Banking Alert: MLK Day

2016 Giving Tree!

Tis the Season
At Southwestern Payroll we truly hope that your holidays are filled with fun and laughter, and that they are indeed merry and bright.

Many Tulsa families struggle during this time to provide basic necessities, much less brighten their children’s lives with a few special treats. Every child deserves Continue reading 2016 Giving Tree!

BBB A+ Rating

At Southwestern Payroll Service, our goal is to provide efficient and accurate services to each client, with a generous dose of friendliness and helpful support.

We’re happy to report that we were recently awarded an A+ rating by the Better Business Bureau (BBB) based on their assessment of our history and ongoing performance. Continue reading BBB A+ Rating

UPDATE: New Overtime Rules Blocked

FLSA Blocked

UPDATED: 12-1-2016

Most employers by now should be aware of the proposed changes to the Fair Labor Standards Act (FLSA) regarding who must receive overtime that were scheduled to become effective December 1. The basic proposed change is that the salary amount required for someone to be a salaried employee was scheduled essentially to double to $47,476 effective December 1. Under the rule that is now blocked, many employees would become hourly and need to track their time or receive a raise to the new minimum.

Twenty-one states and various business interests sued the Department of Labor over the rule, alleging that the salary threshold is too high and that the Department of Labor exceeded its authority in indexing it. The judge held a another hearing November 28 and has officially blocked the rule’s implementation.

This means that for now, you do not have to follow the new rules and may not ever. At this point, it is unknown whether the rule will ever go into effect or be replaced with a new version.

Several things could happen at this point. For one, Congress could come up with a compromise that addresses the judge’s concerns and send the bill to President Obama to sign. In the current climate, this seems unlikely. Another possibility is that the DOL could appeal the Fifth Circuit, which would take until sometime in 2017 to receive a decision, at which point even if the injunction is lifted, there would still be ongoing litigation. A third option is that the DOL accepts the decision, at which point the judge would make it a permanent block. This seems unlikely as well, given the statements currently coming from the DOL. Regardless, the issue will likely be addressed in some way when President-elect Trump takes office.

We will keep you posted on further developments.

Watch the FLSA Webinar.

Who We Are Thankful For…

Our Teammates

Says Steve Hobbes, our VP Sales & Marketing,”I’m grateful for my Southwestern teammates who care about our clients’ success as much as I do. I’m grateful for my healthy and supportive family.”

Our Loved Ones

Some of our team simply brought pictures of the ones near and dear to their hearts. Continue reading Who We Are Thankful For…

2016 Thanksgiving Day Closings


This and every year at Southwestern, we are thankful for our clients. We’d like to remind you of the Thanksgiving holiday banking schedule.

Thankgiving 2015

Thanksgiving Day, Thursday, November 24th

There will be no banking activity. Therefore, ACH, Wire Services, Direct Deposits, Deliveries, Check Dates and Processes may need to be changed. Continue reading 2016 Thanksgiving Day Closings