New overtime exemption rules

It’s been two years in the making, and on Wednesday President Obama and Secretary of Labor Thomas Perez announced the finalization of the Department of Labor’s rule updating overtime regulations.  The new rule will potentially affect 4.2 million white-collar workers.

Secretary of Labor, Thomas Perez said at the rollout of the update, “It stands for the idea that hard work should be rewarded…that if you work extra, you should get paid extra. Today, we expand overtime protections to millions more hard-working people – an important, powerful step toward ensuring that our growing economy is an economy that works for everyone.”

Read the full article in the May 26 issue of Navarre Press. Click HERE to subscribe online to your community newspaper.

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