DOL Overtime Rule On Hold for Now
The DOL's new overtime rule that was set to take effect on December 1 has been postponed until a pending lawsuit is resolved.
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The DOL's new overtime rule that was set to take effect on December 1 has been postponed until a pending lawsuit is resolved.
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The DOL has officially announced its final rule updating overtime regulations. Workers who earn less than $47,476 annually must now be paid overtime.
Any day now, the DOL is expected to release its final changes to overtime regulations, which will create a ripple effect of costly wage increases.
Businesses who reduce worker hours as an ACA-compliance strategy could find themselves with even bigger bills to pay – including legal fees.