Human Resources

ABA Urges OMB to Make Changes to DoL’s Proposed Overtime Rule

ABA senior staff, together with incoming Texas Bankers Association President and CEO Jim Purcell, met with staff from the Office of Management and Budget and Department of Labor on Wednesday to reiterate strong concerns about the DoL’s proposed overtime rule, which raises the overtime pay exemption threshold from $23,660 to $50,440.

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Filling the Trust Gap


While banks face a looming shortage of trust 
officers in the coming years, a mix of recruiting, grooming, networking and politicking will go a long way to close the gap.

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Confusion About Applicability of Executive Orders

There has been a significant amount of confusion of late about the applicability of recent federal contractor executive orders, particularly the latest one concerning paid leave. The applicability of each executive prder must be analyzed individually because each stems from one or more different laws with differing definitions of “federal contractor.”

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