So, Don’t Sweat That New Overtime Rule Just Yet

Avatar Posted by lyceum under Employee Benefits
From https://smallbiztrends.com 2911 days ago
Made Hot by: fusionswim on November 30, 2016 9:31 am
A federal judge on Tuesday issued an injunction blocking the U.S. Department of Labor’s Overtime Rule set to go into effect December 1. The “Final Rule” would have increased the minimum salary for exempt employees from $23,660 to $47,892 per year.
U.S. District Judge Amos Mazzanti agreed with 21 states and a coalition of business groups filing an emergency motion (PDF) challenging the Final Rule. After considering the arguments in a preliminary hearing, the judge granted the plaintiffs’ motion. The move temporarily blocked the rule from taking effect and allows more time for litigation.





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