In its waning days, the Obama administration is close tostriking a blow for workers’ rights that could have long-termimplications for employers, particularly small businesses thathistorically have had less flexibility when meeting significantchanges to the way workers are to be compensated.
In testimony before the House Small Business Committee recently,small business owners told committee members that the overtime rulechanges proposed for the Fair Labor Standards Act would representan extreme hardship for employersand might not have the effect on worker wages that the new ruleintends to have.
The change to the exempt salary threshold is a major one. Itwould raise the exempt threshold from the current $23,660 to$47,476. The U.S. Department of Labor has estimated that the wagesof 4.2 million workers would be increased because of the newrule.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
