Âܲ·AVÊÓÆµJoins Other Organizations Asking Department of Labor for More Comment Time on Overtime Plan
September 27, 2023
Âܲ·AVÊÓÆµjoined more than 100 business groups in a letter to the US Department of Labor in response to a proposed set of changes to the overtime pay regulations.
Under the proposal, it is estimated that 3 million workers newly eligible for overtime pay when they work more than 40 hours a week. The Biden administration rulemaking would ensure workers making less than about $55,000 annually are automatically owed overtime pay. It would also include automatic updates to raise the salary threshold every three years. The proposed rule was released with a 60-day comment period, so if the extension is granted, the public would have 120 days total to provide feedback on the regulation.
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