Ever since the Department of Labor (DOL) proposed a new rule on overtime pay last year, business groups and employer advocates have raised a number of objections.

The proposed rule, which is expected to soon be put in place, will raise the minimum salary at which a worker is no longer required by law to be paid overtime, from $23,660 to $47,000. That is lower than the $50,440 initially proposed, but it is nonetheless a drastic change.

Last year, for instance, the Society of Human Resource Management (SHRM) presented concerns of nonprofit groups that claimed the rule would disproportionately impact charitable organizations whose employees often make between the current threshold and the proposed one. It also predicted employers would respond by cutting hours at all types of organizations.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • 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

© 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.