Federal Spotlight: Comments on Department of Labor overtime rule due Sept. 4

August 20, 2015

The Department of Labor is proposing to increase the wage threshold for those eligible for overtime. As part of the proposal, the DOL is including an escalator, which would be an automatic increase. In addition to the more than doubling of the wage level and expanding employees who are eligible for overtime; the proposal does not take into consideration benefits companies provide to employees. ABI is concerned about this proposal and thank you to those members who have provided feedback and submitted comments to Department of Labor. If you would like to learn more about the rule click here.