Proposed Overtime Rules Could Expand Who Makes More
Tim Scott was quoted in the New Orleans City Business article entitled “Proposed Overtime Rules Could Expand Who Makes More.”
President Barack Obama has issued a memorandum proposing to expand who qualifies for overtime pay and seeking an simplification of overtime rules.
The proposed changes are expected to have an impact on employers who could be required to pay workers previously exempt from overtime pay, according to the article.
“I think we could see the Department of Labor requiring a raising in the salary threshold for certain exempt employees,” said Scott.