On November 22, 2016, a federal judge in Texas issued an injunction against the Department of Labor’s new overtime exemption regulations that were scheduled to take effect on December 1, 2016. The regulations would have required employers to pay time-and-a-half to their employees who work more than 40 hours a week and earn less than the annual salary threshold of $47,476. The suit was brought on behalf of 21 states and dozens of business groups who feared the new regulations would hurt retailers and other small businesses by adding to their labor costs. Those against the new overtime exemption rule also said that it would have forced employers to convert full-time jobs to part-time jobs. Continue reading “Federal Judge Blocks Implementation of New Overtime Exemption Rule”
Tag: overtime
House Votes to Delay Updates to the Overtime Exemption Rules
Recently, the U.S. House of Representatives voted to delay the Obama Administration’s revisions to the overtime exemption rules that were scheduled to go into effect December 1, 2016 until June 1, 2017. On May 17, 2016 the Obama Administration released their Final Rule to the Fair Labor Standards Act (FLSA). The key update will be to the overtime exemption for full-time employees which will double the annual salary limit from less than $23,660 to $47,476, under which 4.2 million Americans would qualify for overtime pay. Currently, only 7 percent of full-time workers qualify for overtime pay. Continue reading “House Votes to Delay Updates to the Overtime Exemption Rules”
How Updates to the Overtime Exemption Rule Affect New York Businesses
Recently, the United States Department of Labor released the final updates to the Fair Labor Standards Act (FLSA), doubling the annual salary threshold from less than $23,660 to $47,476, under which most salaried employees fall. The update will extend overtime availability to 4.2 million workers to receive time-and-a-half wages for every hour they work beyond 40 hours a week. Continue reading “How Updates to the Overtime Exemption Rule Affect New York Businesses”
