Hotel execs say new overtime rule could hurt employees
from Hotel News Now
Some hotel executives believe new federal overtime rules from the U.S. Department of Labor designed to grow wages and increase employment will hurt both employers and employees. The main thrust of the new overtime rule is the increase in the white-collar salary threshold required to deem employees exempt from overtime pay. That threshold jumps from $23,660 to $47,476 a year starting Dec. 1.
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