Overtime Pay Rules Will Affect Millions of Healthcare Workers
The article, “Overtime Pay Rules Will Affect Millions of Healthcare Workers,” featured in Modern Healthcare, discussed how millions of full-time healthcare workers will be eligible for overtime pay under a new federal rule that nearly doubled the threshold at which companies can deny it.
Joel Rice, said small businesses will likely raise salaries for employees close to the upper limit. Other employers may adjust hours or decrease pay as a result, he said.
He noted the December deadline gives employers sufficient time to adapt to the overtime ruling. The Obama administration first proposed the increase last year.
To read the full article, please visit Modern Healthcare.