Thursday, March 13, 2014

President Expected to Direct DOL to Revamp Overtime Rules

Today President Obama is expected to direct the United States Department of Labor to revise overtime pay regulations under the Fair Labor Standards Act to expand the scope of employees entitled to overtime pay.  Although the President's directive could take considerable time to accomplish, it could have a significant impact on the hospitality industry by increasing the number of employees, such as certain types of managers, who would no longer be classified as exempt.