DOL Final Overtime Rule Temporarily Blocked by Judge

| Alerding Alerts, Business Miscellaneous

A federal judge temporarily blocked implementation of the Final Overtime Rule, scheduled to go into effect tomorrow – December 1, 2016, which doubled the maximum salary a worker could earn and still be eligible for overtime pay.

What does this mean for our business-owners and nonprofit clients?

1)    As a result of the ruling, employers currently do not need to comply by the December 1 effective date.

2)    The injunction is temporary pending further review by the court.

3)    We do not know if or when the status of the regulations will change.

We will keep you updated as any new developments occur.

If you’d like to read more on this topic, below is a link to a New York Times article which provides more details:  Judge Blocks Obama Rule Extending Overtime Pay to 4.2 Million U.S. Workers