Obama Signs Order Expanding Overtime Pay
Last Updated on Friday, 04 April 2014 15:35
Written by Administrator
Friday, 04 April 2014 15:14
As expected, on March 13, 2014 President Obama issued a Presidential Memorandum to the Secretary of Labor that will have major implications for all employers – large and small, public and private. President Obama's stated goal is to "increase dramatically the number of employees who are paid extra for overtime work". This will be accomplished by narrowing and redefining the requirements of the "white collar exemptions" for salaried executive, administrative, professional and computer positions.