As part of the Partnership to Protect Workplace Opportunity, ABA and other trade associations representing employers have urged the Department of Labor to extend by 60 days the comment period on its controversial overtime proposal, which would more than double the salary level required for the exemption from overtime requirements.
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ABA is seeking banker input on how the Department of Labor’s controversial overtime proposal — which would more than double the current salary necessary for employees to be exempt from overtime and will affect most banks in the country — would affect their banks.
On July 16, Karen Glenn — president and CEO of First United Bank and Trust Company, Madisonville, Ky., and member of ABA’s Community Bankers Council — participated in a roundtable hosted by the Small Business Administration on the Department of Labor’s overtime proposal.
The U.S. Equal Employment Opportunity Commission has issued a potentially groundbreaking decision, Complainant v. Foxx, finding that discrimination based on “sexual orientation” can be brought under Title VII of the Civil Rights Act of 1964 (Title VII).
ABA yesterday released a bank members-only staff analysis of the Department of Labor’s proposal to revise the requirements for employees to be exempt from overtime pay under the Fair Labor Standards Act.
The Securities and Exchange Commission voted 3-2 today to propose a rule that would require exchanges to establish standards for revoking executive bonuses when companies restate earnings.
The Department of Labor today released its long-awaited proposal to revise the requirements for employees to be exempt from overtime under the Fair Labor Standards Act. Those rules haven’t been updated since 2004.
Building a culture of generosity and personal investment can pay off for banks, writes Evan Sparks.
South Carolina’s young bankers program provides keen insight into the financial industry for emerging leaders.