The Partnership to Protect Workplace Opportunity—a coalition of industry groups, including the American Bankers Association—this week expressed support for the Labor Department’s proposed clarifications of the types of payments and employee benefits that employers may exclude from the determination of the employee’s regular rate of pay.
ABA, along with several other industry trade groups under the Partnership to Protect Workplace Opportunity, today expressed support for the U.S. Department of Labor’s proposed rewrite of the Obama administration’s 2016 overtime rule, which was overturned in federal court.
In this episode, employment law attorney Steve Greene and ABA senior counsel Jonathan Thessin discuss operational and compliance considerations that banks may want to consider before offering or expanding telework options.
The Department of Labor expects to issue a proposed rule on the salary level for the executive, administrative, and professional employee exemptions in January 2019.
In the wake of a federal judge invalidating the Obama administration’s overtime rule, ABA offered comments on overtime issues to the Department of Labor, which is seeking feedback as part of a Trump administration effort to reduce regulatory burdens on businesses.
A federal judge in Texas yesterday overturned the Obama administration’s final rule doubling the salary level used to determine whether employees are classified as exempt from overtime under the Fair Labor Standards Act.
The Department of Labor today released an anticipated request for information on the Obama administration’s final overtime rule, which would have doubled the salary needed for employees to be exempt from overtime pay.
A federal judge in Texas today blocked the Department of Labor’s final rule doubling the salary level used to determine whether employees are classified as exempt from overtime under the Fair Labor Standards Act.
Getting the new posters is important because of the increase in penalties for poster violations that took effect in July.