The U.S. Department of Labor recently implemented new rules concerning the increase of the maximum salary threshold for overtime work that is scheduled to take effect this December, 2016. The department has already been sued by a group of 21 states and received similar resistance from large business operators. The threshold salary will be increased from $23,660 to $47,476. Those in opposition believe that the new overtime regulations will put economic strain on businesses and their current workplace policies. Conversely, many support the new rules as a long over due restoration of the Fair Labor Standards Act.
Experts: Plan to comply with new overtime rules in December
Related Post: