Tag Archives: compensation

Labor Department to Host Public Feedback Events on Overtime Rule

As the U.S. Department of Labor continues to examine potential revisions to the Obama administration’s “overtime rule” — adopted in 2016 but which never took effect due to a federal judge’s ruling later that year — the department has scheduled five public “listening sessions” in September to receive feedback. The overtime rule raised the salary level for the executive, administrative ...

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After Tax Reform, Chase Announces $20B Investment in Workforce, Loan Growth

J.P. Morgan Chase, the nation’s largest bank holding company by assets, today announced a $20 billion set of investments in employees, its branch network and philanthropic commitments. The company joined a wave of banks making similar announcements after the historic tax reform bill was signed in December, and it attributed the news not only to the tax bill but also ...

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