So, Don’t Sweat That New Overtime Rule Just Yet

So, Don’t Sweat That New Overtime Rule Just Yet Avatar Posted by lyceum under Employee Benefits
From https://smallbiztrends.com 386 days ago
Made Hot by: fusionswim on November 30, 2016 9:31 am
A federal judge on Tuesday issued an injunction blocking the U.S. Department of Labor’s Overtime Rule set to go into effect December 1. The “Final Rule” would have increased the minimum salary for exempt employees from $23,660 to $47,892 per year.
U.S. District Judge Amos Mazzanti agreed with 21 states and a coalition of business groups filing an emergency motion (PDF) challenging the Final Rule. After considering the arguments in a preliminary hearing, the judge granted the plaintiffs’ motion. The move temporarily blocked the rule from taking effect and allows more time for litigation.





Comments


Log in to comment or register here.

This Could Be One of the Most Underestimated Employee Benefits

What's more important than salaries at your small business? Small business owners and entrepreneurs sometimes believe they …
Subscribe

Benjy Portnoy @SmallBizElevatr Shares Sweet Solutions

Benjy Portnoy's first business was a little candy stand he set up when he was five to sell left over candy bars to … More
Editor's Picks


Share your small business tips with the community!
Post your small business video to BizSugar today!
It's time to up your game with video on BizSugar!
Have you tried BizSugar's new video posting feature?