By now, many readers will have likely heard about the new overtime rules announced by the Department of Labor recently. It goes without saying that this new rule will likely impact many employers and employees across the country when it goes into effect on December 1, 2016. Although I had written about the new overtime rules a few weeks ago, I wanted to take a minute to highlight a couple articles that I think readers will find useful on the topic. This will serve as a mini "What I've Been Reading This Week".
Millions Set to Benefit From New Overtime Rules
I think the title says it all, millions of employees across the country will likely stand to benefit from the new Department of Labor overtime rules. While many employees will likely benefit from higher pay as a result of the new rules, employers will likely cast an unfavorable eye in anticipation of preparing for the December 1 implementation of the new rules. This article is well worth a review to catch the "highlights" of the new rules.
Economist Ross Eisenbrey Offers Thoughts on the New Overtime Rules
Ross Eisenbrey, the vice president of the Economic Policy Institute, had previously fought the President George W. Bush administration in regard to overtime rules and had proposed updating the rule in a transition memo to President Obama back in 2008. This article from The American Prospect includes a discussion with Eisenbrey and gets his thoughts on the vast impact of the Department of Labor's new overtime rules. Well worth a read.
The Impact the New Overtime Rules Will Have on Nonprofits
Stuart Mitchell over at The Huffington Post
penned an article on how the new overtime rules will impact
nonprofits. In his view, the new overtime rules will actually
strengthen nonprofits. Interesting article from a writer who has a
background in the inner workings of nonprofits.
I think it is also important for readers to get a feel for how these new overtime rules could impact employers and certain industries across the country.
New FLSA Salary Thresholds Will Affect California Employers: A Closer Look
Colleen Regan over at The California Peculiarities Employment Law Blog has a well thought out article on how the new FLSA salary thresholds will affect California employers. In particular, note Colleen's analysis of how this will impact part time exempt employees in the state.
Texas Service Sector Braces For New Overtime Rules
Texas Service Sector Braces For New Overtime Rules
As My San Antonio notes, in the view of many business owners in the service sector, the new rules could negatively impact their ability to do business come December 1. When the new rules go into effect, it is thought that many employees in the service sector would become nonexempt (and therefore result in an increased labor cost that is passed onto the employer).
Florida Employees Likely to Benefit From New Overtime Rules
The Tampa Bay Times points out that with the implementation of the new overtime rules, approximately 331,000 employees will likely be impacted in Florida. Given the industries typically associated with Florida (tourism, hotels, amusement parks, etc), many employees in the state will likely stand to benefit from these new overtime rules.
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