Finance and Administration News
Ohio 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.
Ohio University extends 2024 Winter Break Closure
The 2024 Ohio University Winter Break Closure will be extended to include Monday, Dec. 23, and Tuesday, Dec. 24. Ohio University closes annually from Dec. 25 through Jan. 1 to recognize and reward the contributions of all employees on all campuses.
Ohio University recognized as state’s top ‘Green School’ by Princeton Review for 2025
Ohio University has been recognized as the top “Green School” in the state of Ohio, and among the “Top 50 Green Schools” nationally, within the Princeton Review’s 2025 Guide to Green Colleges.(opens in a new window)
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.”
Ohio 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.
Simple Science: What does the Trump presidency mean for climate change policy?
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, cities nationwide set records for high temperatures. Around the world, scientists 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 backseat during this year's election cycle. Hurricanes Milton and Helene tore across entire towns, wiping out whole communities. Droughts raged through Southeast Ohio, snapping the agriculture industry under its impacts. The U.S. lost billions 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.
Rural Action works to improve, maintain water quality of Sunday Creek
Ohio’s rich history of coal mining is seen through several viewpoints including old run-down buildings, historical markers and the no trespassing signs that surround mining entrances. The most prominent one, however, is the deep orange color that has stained the waterways that run throughout Appalachia.
While this stain has been seen in the rivers for decades, time has proved to be a healing factor along with several outside forces who have come together to speed up the process including Rural Action.
The non-profit organization focuses on creating a more equitable economy by utilizing the area's resources in sustainable ways.
OHIO to continue to freeze costs of employee health plan premiums for next two years
As part of her “State of the University” address on Thursday, Oct. 10, OHIO President Lori Stewart Gonzalez announced that the University will continue to freeze the cost of benefits for employees in fiscal year 2026 and fiscal year 2027.
Student Senate passes its first bill
Student Senate met Wednesday, passing its first bill of the academic year along with several resolutions to expand Senate by adding members.
The bill Senate passed was to support the city’s appeal of the Aug. 28 court decision, which ruled Athens’ plastic bag ban unconstitutional.
The bill to support the appeal was presented to Senate by the Governmental Affairs Commission. The bill's sponsors included Governmental Affairs Commissioner Donald Theisen alongside senators Jayson Smith, Jack Meermans and primary sponsor Mark Vitelli.