Acting Labor Secretary Julie Su Discusses April Jobs Data and Overtime Pay Rule on Nostr: New Overtime Regulation Sparks Debate on Impact on Employers =============== ...
New Overtime Regulation Sparks Debate on Impact on Employers
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#aab0a708 ver:0.05
The new overtime regulation raises the salary threshold for certain employees, sparking debate on its impact on employers. The regulation, effective July 1, 2024, includes an automatic escalator clause. Employers must increase salaries or reclassify employees. Previous regulations were struck down, and legal challenges are expected. This may burden small businesses and nonprofits and affect worker flexibility and remote work. #OvertimeRegulation #Employers #LegalChallenges...
#newstr #OvertimeRegulation #DepartmentOfLabor #SalaryThreshold #SmallBusinesses #CharitableNonprofits
https://here.news/story/aab0a708?ver=0.05
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#aab0a708 ver:0.05
The new overtime regulation raises the salary threshold for certain employees, sparking debate on its impact on employers. The regulation, effective July 1, 2024, includes an automatic escalator clause. Employers must increase salaries or reclassify employees. Previous regulations were struck down, and legal challenges are expected. This may burden small businesses and nonprofits and affect worker flexibility and remote work. #OvertimeRegulation #Employers #LegalChallenges...
#newstr #OvertimeRegulation #DepartmentOfLabor #SalaryThreshold #SmallBusinesses #CharitableNonprofits
https://here.news/story/aab0a708?ver=0.05