Tag: Federal

Department of Labor Proposes New Overtime Rule

by Patrick Baker, posted in Public Affairs

DOL SealThe Department of Labor announced on Thursday a proposed rule that would make 1.1 million American workers newly eligible to receive overtime pay beginning in 2020. The following guest blog courtesy of Blethen | Berens provides a helpful overview of this proposal and how it will impact businesses.

Should you wish to discuss this issue further, please be sure to contact one of our fantastic member businesses in law or accounting with employment expertise. Continue reading “Department of Labor Proposes New Overtime Rule” →

Overtime Rule Blocked

by Patrick Baker, posted in Public Affairs

DOL SealA federal judge in Texas has blocked the Department of Labor’s (DOL’s) new federal overtime rule, which would have raised the Fair Labor Standards Act’s (FLSA’s) salary threshold for exemption from overtime pay from $23,660 to $47,476.

Judge Amos Mazzant of the U.S. District Court for the Eastern District of Texas granted a preliminary injunction on Nov. 22 in a lawsuit challenging the DOL’s authority to raise the salary threshold. For now, businesses and employees are in a holding pattern.

What does this mean for employers? Here are some questions businesses may be grappling with in the aftermath. Continue reading “Overtime Rule Blocked” →

Congress Experiences Christmas Miracle: Passes Major Legislation to End the Year

by Patrick Baker, posted in Agriculture, Business Development, Public Affairs
U.S. Capitol Building, Washington D.C.
U.S. Capitol Building, Washington D.C.

Congress is ending 2015 by passing a flurry of legislation that will have substantial impacts on businesses and individuals alike. Included is the first long-term transportation bill in a decade, a major education reform bill, a tax bill that extends numerous tax breaks, and a spending bill that will fund the government over the next year. Here are key highlights: Continue reading “Congress Experiences Christmas Miracle: Passes Major Legislation to End the Year” →