Job Creators Network Praises New Overtime Rule

1.3 Million Americans Will Qualify Under Retooled DOL Regulation
Press ReleaseSeptember 24, 2019

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.”