Washington, DC (September 24, 2019) –Today, the U.S. Department of Labor (DOL) issued a long-awaited rule extending mandatory overtime pay to 1.3 million U.S. workers. The DOL rule would raise the annual salary threshold by which workers would generally qualify for time-and-a-half pay for logging more than 40 hours per week, raising the threshold from $23,660 to $35,568 starting on January 1, 2020.
Alfredo Ortiz, president and CEO of Job Creators Network (JCN), released the following statement.
“This was a smart, effective decision by the Trump Administration that will benefit up to 1.3 million American workers, while doing so in a way that is fair to small business owners. When the Obama Administration tried to enact extremely-burdensome overtime rules years ago, JCN helped lead the fight against it and it was eventually blocked by a judge in 2016. Additionally, after the Trump Administration took office, we advocated to ensure small business owners had a voice in the rule-making process. Today’s rule proves the Trump Administration recognizes the importance of small businesses and they remain committed to pro-growth reforms that protect the American worker and make our economy stronger.”