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Is your business actually ready for the new overtime regulations that would raise the salary limit below which employees would qualify for overtime? A lot of business owners complain that the new overtime rules in the U.S. would put a significant strain on their budgets, as more workers would automatically qualify for overtime once those regulations take effect. A Los Angeles employment law attorneys at the Rager Law Offices have good and bad news for you.<br>Call at 310-527-6994 for a free case evaluation.<br><br>For more details visit at https://www.ragerlawoffices.com/practice-area/employment-law/
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Overtime Regulations: Are You Ready for the Big Pay Change?
Is your business actually ready for the new overtime regulations that would raise the salary limit below which employees would qualify for overtime? A lot of business owners complain that the new overtime rules in the U.S. would put a significant strain on their budgets, as more workers would automatically qualify for overtime once those regulations take effect.
Employment law attorneys at the Rager Law Offices have good and bad news for you. The good news is that you don’t have to make major changes in your company’s policies just yet, as the new overtime rules were suspended last year (they were supposed to take effect in December 2016). But the bad news is that the Department of Labor is actively appealing the suspension, and they seem really determined to actually implement those major overtime regulations. So you might want to consider whether or not you’re ready for the new overtime rules that may come into effect soon (or not).
What would new overtime rules bring? Is your business actually ready for the new overtime regulations that would raise the salary limit below which employees would qualify for overtime? A lot of business owners complain that the new overtime rules in the U.S. would put a significant strain on their budgets, as more workers would automatically qualify for overtime once those regulations take effect.
Note: The administrative, and professional employees whose weekly income exceeds $913, as they would still be exempt from overtime. If this sounds confusing and the overtime rules don’t make sense, consult employment law attorney to have a better understanding of what those new overtime regulations would mean for your particular business. overtime rules change would not affect executive,
Under new overtime rules, the employee would qualify for overtime, as his weekly income ($480) is way below the proposed minimum income of $913. Would the new overtime rules put a strain on your budget? They might. However, do keep in mind that some employees are considered to be exempt from receiving overtime pay. While you don’t necessarily need to change your company’s policies now that the new overtime regulations have been suspended, it would be a good idea to introduce certain changes in order to prevent the new rules from exhausting your company’s budget.
Contact Los Angeles employment law attorney to discuss your best options and become better prepared for new overtime regulations. Call at 310-527-6994 for a free case evaluation.
Address: 1055 West 7th Street Los Angeles, CA 90017 Call: 310-527-6994 Website: https://www.ragerlawoffices.com/contact/