We The People

We The People

Thursday, May 19, 2016

Federal Government’s New Overtime Regulations Force Small Businesses to Make Hard Choices | TheBlaze.com

Federal Government’s New Overtime Regulations Force Small Businesses to Make Hard Choices | TheBlaze.com:

"NEW YORK (AP) — The government’s new rules requiring overtime pay for millions of workers have small business owners facing some hard choices.

The regulations being issued by the Labor Department Wednesday would double to $913 a week from $455 the threshold under which salaried workers must be paid overtime. In terms of annual pay, the threshold rises to $47,476 from $23,660. The rules take effect Dec. 1."



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