Home » News
Filter by category:

Small Business Legislative Council Submits Employee Overtime Comments to Dept of Labor

 

Last week, the Small Business Legislative Council (SBLC), in which PMAA is a contributing board member, submitted comments on the Trump Administration’s new proposed overtime rules for certain white-collar employees (executive, administrative, professional, and computing positions) and highly compensated employees.

Similar to the Obama-era efforts, the new Proposed Rule presents changes to the regulations that govern how employers can structure their relationship with their employees, which in turn, can impact a business’s bottom line. Fortunately, the new proposed rule is less burdensome on small businesses. In general, the Fair Labor Standards Act (FLSA) requires employees be paid one and a half times their regular rate of pay for all hours worked over forty hours in a given workweek. Under the FLSA, there are, however, certain exemptions. Employees who fall under one of these exemptions do not have to be paid overtime.

The PMAA Board of Directors voted recently to support the Trump Administration’s proposed white-collar exemption salary threshold of $35,308 per year ($679 per week). PMAA also supported the proposed rule’s intent to permit employers to satisfy the salary requirements through non-discretionary bonuses and incentive pay. PMAA opposed the proposed increase to the highly compensated exemption salary threshold and opposed any further efforts to add automatic future increases to the final rule. Click here to read the comments.

From PMAA

Federal Labor







RINAlliance PMMIC Insurance Altria AssuredPartners Unified Contracting Services Reynolds Marketing Services Company Philip Morris International EMC Insurance Seneca Companies Renewable Energy Group HEALTHAlliance Otter Creek Country Stores, Inc Sinclair Rainbo Oil Company Seneca Tank HTP Energy Jet Gas Tanknology MAST ATM Westmor Industries O'Day Flint Hills Molo Petroleum Central Bank Voss Distributing McGowen, Hurst, Clark & Smith PC Shell Elliott Oil Company McDermott Oil Co Iowa Lottery Olsen Fuel Supply Mulgrew Oil Wellmark Phillips 66 Core-Mark Delta Dental Community Oil Company Cenex Reif Oil GROWMARK Energy Federated Insurance Kimmes Country Stores Cylinder Express
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
Home
About FUELIowa
Site Map
Privacy
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved