Tag Archives: FLSA

ABA Offers Suggestions for Potential New Overtime Rule

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.

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ABA Issues Free Staff Analysis of Overtime Rule

ABA has posted a members-0nly staff analysis of the Department of Labor’s final overtime rule, which changes the tests for determining which employees are exempt from overtime pay under the Fair Labor Standards Act. The analysis summarizes the rule changes, which take effect Dec. 1, and suggests next steps to help banks implement them. The overtime rule is also the topic ...

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