Tag: overtime rule

Comment Period Near End for Proposed OT Rule

As the comment period winds down on a new proposed rule affecting overtime pay, employers need to consider the implications of the proposal that go beyond the U.S. Department of Labor’s (DOL) plan to set a new salary threshold for overtime eligibility.

Proposed OT Rule Calls for Fresh Look at Worker Classification

Now that the U.S. Department of Labor (DOL) has proposed a new rule affecting overtime eligibility—a rule that is more likely to be implemented than the department’s previous attempt—it’s time for employers to begin studying how they classify their employees so they’ll know whether pay raises or classification changes will be in order when a […]

banking

U.S. Salary Budget Increases Consistently Remain at 3%

According to WorldatWork’s annual Salary Budget Survey, employers in the United States report that the average 2017 total salary increase budget is 3.0%, the same as it has been for the past 3 years. Respondents are planning for a slight increase for 2017 salary increase budgets but only up to 3.1%.

overtime

DOL Last-Minute Reply Brief Drops Defense of Final Overtime Rule

The U.S. Department of Labor (DOL), headed by newly appointed Secretary of Labor Alexander Acosta, has decided not to defend the overtime rule finalized under the Obama Administration. Instead, the DOL will seek to begin a new rulemaking process, likely with a lower salary threshold for exemption.

DOL Submits Request for Information on the Overtime Rule

The U.S. Department of Labor (DOL) has submitted a Request for Information (RFI) regarding the final overtime rule to the Office of Information and Regulatory Affairs (OIRA) for its review. An RFI is an optional step used by governmental agencies when drafting rules in order to obtain public input on whether a new rule or […]

reduced schedule leave

Changes May Be in Store for Overtime Rule, FLSA

The U.S. Department of Labor (DOL) may be in a holding pattern for now, but employers are probably in for some wage and hour changes in the coming months, Tammy D. McCutchen told attendees at the Society for Human Resource Management (SHRM) employment law and legislative conference.

SHRM to DOL: Reverse Obama FLSA Interpretations

The U.S. Department of Labor (DOL) should rescind certain wage and hour “Administrator Interpretations” issued during the Obama administration, the Society for Human Resource Management (SHRM) said February 16.