Pool & Spa News’ Dana Robinson writes on the latest overtime rule news. This week, Congressman Kurt Schrader (D-Ore.) introduced legislation that would make it easier for the Department of Labor’s new overtime rule easier for business to implement.
Previous regulations stated that employees making up to $23,660 per year were entitled to overtime pay when working more than 40 hours a week. The new regulationsydusvvzf cast a wider net, including anyone earning up to $47,476 annually. The change is slated to take effect Dec. 1, 2016. The act seeks to make the change more gradual, starting with a threshold annual salary of just under $36,000, with small increases to reach $47,476 in 2019.
The National Retail Federation supports the bill, and is lobbying for passage before the Dec. 1 deadline.