Skip to site navigation Skip to main content Skip to footer content Skip to Site Search page Skip to People Search page

Bylined Articles

The New Overtime Rule: What's It Mean For Your Business

By Jonathan Segal
May 19, 2016
Philadelphia Business Journal

The New Overtime Rule: What's It Mean For Your Business

By Jonathan Segal
May 19, 2016
Philadelphia Business Journal

Read below

Jonathan A. SegalThe U.S. Department of Labor on Wednesday finalized a new rule that doubles the annual salary threshold for receiving overtime pay to $47,476. The White House estimates that will provide overtime pay to an additional 4.2 million workers, leaving business owners wondering how they will foot the bill for the change or keep employees from racking up extra hours.

The new overtime regulations are rather uncomplicated as a matter of law but there are major business and employee relations considerations when it comes to implementation.

To read the full text, please visit the Philadelphia Business Journal website.