Recently, two lawsuits--one from a coalition of 21 states, and another from a group of businesses--were filed claiming heavy financial burdens of the DOL's overtime rule.
Tag Archive: Final Overtime Rule
Last week, the House passed a bill to delay full compliance with the DOL’s new overtime rule by six months, however President Obama has already issued a veto threat.
Tomorrow, the House will vote on a bill to delay by six months the DOL’s overtime rule, which would more than double the current threshold below which employees must be paid overtime.
Recently, the House Committee on Education and the Workforce held a hearing to examine the DOL's controversial overtime rule, which doubles the salary threshold under which employees qualify for overtime.
Last week, the DOL issued its final overtime rule, nearly doubling the minimum salary threshold to $47,476 per year, extending overtime to more than four million workers.