Real Estate with Robbie - Robbie English, Broker

Wednesday, November 23, 2016

Injunction Issued on Department of Labor Overtime Rule

On November 22, 2016, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction prohibiting the Department of Labor’s (DOL) controversial overtime rule from going into effect as scheduled on December 1, 2016. The rule would have doubled the salary threshold (to $47,476) under which non-exempted workers are guaranteed time-and-a-half pay if they work more than 40 hours in a given week. The rule would have also indexed the threshold to inflation, every three years starting in 2020. 

While there is relief in knowing the regulation… Read More

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