Not yet a Member?
HR Magazine is highlighting the next generation of HR leaders.
Is your employee handbook ready for the New Year? With SHRM’s Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Attend a comprehensive, instructor-led review before you sit for your SHRM exam.
Learn to implement the complex changes and ensure compliance with the FLSA. 2-Week Virtual Seminar, Nov 29-Dec 8.
A bill has been introduced to phase in implementation of the overtime rule.
Representatives on Capitol Hill haven't thrown in the towel on the overtime rule: Legislation is still being introduced to alter the regulation or prevent it from taking effect. Surprisingly, though, the latest effort put forth by the rule's opponents comes from members of the Democratic Party.The "blue dog"—fiscally conservative—Democrats have proposed legislation to phase in the overtime rule and eliminate the automatic triennial increase of the exempt salary threshold.Rep. Kurt Schrader, D-Ore.; Rep. Jim Cooper, D-Tenn.; Rep. Henry Cuellar, D-Texas; and Rep. Collin Peterson, Minnesota Democratic-Farmer-Labor Party, introduced a bill on July 14 that would phase in the Department of Labor's (DOL's) overtime rule over three years. (The Minnesota Democratic-Farmer-Labor Party is an affiliate of the Democratic party.)The overtime rule will increase the threshold for exempt employees by more than 100 percent from $23,660 to $47,476 as of Dec. 1. It also will increase the threshold every three years to the 40th percentile of full-time salaried workers in the lowest wage Census region, which is currently the South. H.R. 5813—the Overtime Reform and Enhancement Act—would instead raise the new threshold incrementally over the next three years, beginning with a 50 percent increase this December to $35,984.In subsequent years, the bill would raise the threshold to:
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Your session has expired. Please log in again before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
HR Education in a City Near You
SHRM’s HR Vendor Directory contains over 3,200 companies