The Society for Human Resource Management (SHRM) says new rules on overtime pay pose a risk to charitable organizations as well as businesses.
Elizabeth Hays, a SHRM member and the director of human resources for MHY Family Services, a Pennsylvania-based charity that serves at-risk youth, told the U.S. House Subcommittee on Workforce Protections Thursday that the Obama administration's proposal poses a serious financial threat to her organization because it would force the nonprofit to pay overtime to employees who are currently exempt from overtime pay requirements.
"If these regulations were to be implemented as proposed, MHY will likely have to decrease services because we would not be able to afford the additional overtime pay," she told the committee.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
