Posts tagged overtime rule
Walz Twists Some Labor Claims
August 19, 2024 // Delivering remarks at a labor union conference in California, Minnesota Gov. Tim Walz stretched the facts with several labor-related claims.
District Court Blocks Implementation of Overtime Final Rule for State Employees in Texas
July 8, 2024 // For now, however, the rule is in effect. As of July 1, 2024, the minimum salary threshold of the overtime pay regulations is set at $43,888, while the threshold for highly compensated employees is now $132,964. The next round of increases is scheduled to go into effect on January 1, 2025. Additionally, in another case challenging the rule, the U.S. District Court for the Northern District of Texas rejected software company Flint Avenue’s request for an injunction to block implementation of the rule nationwide. The court ruled that the company had not shown it would face irreparable harm if the rule went into effect, so it was not entitled to a preliminary injunction. The Northern District’s decision does not impact the Eastern District’s order, however.
How the Administration’s Overtime Rule Could Cost Workers More Than They Gain—Including Flexibility and Income Security
December 20, 2023 // The Biden Administration’s proposed 69 percent increase in the overtime-salary threshold would significantly affect millions of American workers and employers. While intended to increase the pay of some workers, the proposed overtime rule would almost certainly impose significantly higher costs than benefits, including higher prices for consumers, lower family incomes, and reduced overall employment. Instead of higher pay, workers could get reduced hours, irregular schedules and paychecks, a loss of workplace benefits, and the end of flexible and remote-work opportunities. These consequences will disproportionately affect workers in lower-cost areas, as well as female, black, and Hispanic workers. Instead of imposing costly new regulations, Congress should enact policies that open doors to rising incomes and flexible work opportunities.
Reps. Foxx, Kiley to Su: Withdraw Proposed Overtime Rule
November 8, 2023 // Several other GOP lawmakers also signed onto the letter, including Glenn "GT" Thompson, Pennsylvania; Tim Walberg, Michigan: Elise Stefanik, New York; Rick Allen, Georgia; James Comer, Kentucky; Lloyd Smucker, Pennsylvania; Burgess Owens, Utah; Bob Good, Virginia; Mary Miller, Illinois: Michelle Steel, California; Julia Letlow, Louisiana; Aaron Bean, Florida; Eric Burlison, Missouri, and Erin Houchin, Indiana. "DOL under President Trump published a rule that responsibly updated the salary threshold and considered extensive stakeholder feedback before issuing the final rule," the letter states. "The same cannot be said about the rushed efforts of the current DOL to push through a rule which makes changes as extreme as they are unnecessary."
Three New Regulations That Will Make It Harder to Serve the Needy
October 12, 2023 // In our Opportunity Playbook, we highlighted the Institute for the American Worker as an organization fighting for pro-labor policies that respect individual workers’ choices and freedom in the workforce. They join many others who are educating policymakers and regulators on how to ensure policies do not limit charitable organizations from serving communities.
Millions more workers would be entitled to overtime pay under a proposed Biden administration rule
August 30, 2023 // The proposed regulation, unveiled by the Department of Labor, would require employers to pay overtime to salaried workers who are in professional, administrative and professional roles but make less than $1,059 a week, or $55,068 a year for full-time employees. That salary threshold is up from $35,568 level that has been in place since 2019 when Trump administration raised it from $23,660, in a more modest increase than President Barack Obama’s earlier proposal.