Overtime Pay Rule Overturned: Federal Judge Rules in Favor of States, Business Groups | 2016
Judge rules against Department of Labor in overtime rule increase
Judge rules against Department of Labor in overtime rule increase
Last changed in 2004, the current amount of $455 weekly will be raised to a new amount to classify an employee as “salaried” and exempt from overtime pay.
The current federal minimum wage is $7.25 per hour but many state and local jurisdictions have ones that are higher.
The country’s low unemployment is beginning to influence factors like payroll and benefits.
A survey finds that one-third of employers have used comp time in lieu of overtime, an illegal practice.
How should you manage any changes you’ve made in anticipation of federal overtime pay regulations?