New Overtime Rule Delayed
November 23, 2016
A federal judge in Texas granted an emergency injunction late Tuesday afternoon delaying the new overtime rule. SESCO suggests to all clients that they make no changes in current pay plans until there is a final determination.
SESCO clients across the country have been scrambling to prepare for the onset of this significant change which would have increased the threshold to be exempt from overtime pay to $47, 476. Salaried workers who make less than this would have been eligible for overtime pay for hours worked over 40 in a workweek. The new regulations were to be effective December 1, 2016.
This is breaking news and SESCO will keep you apprised of all developments. Contact SESCO at 423-764-4127 or email: sesco@sescomgt.com for updates and questions.
