On May 18, 2016, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations, which will automatically extend overtime pay protections to over 4 million workers within the first year of implementation. This long-awaited update will result in a meaningful boost to many workers’ wallets, and will go a long way toward realizing President Obama’s commitment to ensuring every worker is compensated fairly for their hard work.
U.S. Department of Labor, Wage and Hour Division (WHD), Final Rule: Overtime
Read more here.
Executive Compensation Consulting — Helping companies align their reward systems to their culture and desired business results. The POE Group has been in business since 1997. We are a management consulting firm that advises companies on becoming great places to work by developing reward systems that attract, motivate, and retain employees. Call 813-661-3111 or email Managing Consultant Joe Kager at joe.kager@poegroup.com.
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