Posts tagged Trump rule
Biden administration working overtime to regulate working overtime
September 5, 2023 // ederal law says employees must be paid time and a half once they work more than 40 hours in a week. However, businesses may exempt workers from the requirement if their duties are “managerial” in nature and they reach a certain salary threshold. Currently, workers had to earn at least $35,500 annually before they were covered. The new rule, which goes into effect at the end of the year, raises that by almost $20,000. The administration estimates this would extend the rule to 3.6 million additional workers. The problem with the change is that it limits employers’ ability to work out alternate arrangements with employees where they work more than 40 hours in exchange for some other consideration, such as additional time off on other weeks. Under the new rule, employers are more likely to simply cut hours than to have to pay overtime at all.
ESG Is a Front for Labor
July 24, 2023 // House Republicans have declared July “ESG month,” planning hearings and bills to push back against politicized environmental, social, and governance investing. Yet so far, lawmakers have almost exclusively focused on environmental issues. Republicans should also pay attention to the “S” in ESG, which labor unions are using to advance their agenda at the expense of workers, their own members, and even taxpayers — a problem that President Biden has significantly worsened. The 2023 proxy season, which started in January and ended in June, shows the union campaign in action. Union funds and their allies, such as the New York City Employees’ Retirement System and like-minded investment managers, introduced many ESG-focused shareholder proposals designed to accelerate unionization. Consider Apple, which was targeted by five New York City pension funds, multiple investment managers, and the SEIU Master Trust Pension Plan, among others.
COMMENTARY: White House Swells Federal Union Ranks – But at What Cost
May 18, 2023 // Using the estimated dues of the largest federal employee union as an example, the new union members for which the Biden administration is taking credit could represent between $37 million and $46 million in annual dues revenue. And as these employees are ushered through the union door, union officials and government agencies appear determined to slam it behind them. For employees who feel this arrangement violates their rights, litigation may be the only way out. In the past year, the Fairness Center, the public interest law firm of which I am president, has filed 36 matters on behalf of federal employees involving 16 unions and eight federal agencies.