House Committee on Education and the Workforce Meets to Discuss Final Overtime Rule

The House Committee on Education and the Workforce met on June 6, 2016 to discuss the final rule on overtime. These new regulations will extend overtime pay for all eligible salaried employees who make up to $47,476. The committee and its witnesses appeared to be divided over the necessity and potential effectiveness of this rule. Many supporting the rule stated that the costs incurred on employers will be minimal and that this rule will allow employees to have a better work-life balance. Those opposed to the rule claimed that the final rule asks too much of employers financially and that those in the nonprofit sector will not be able to comply with the rule. There was also concern that many businesses and non-profits may have to make adjustments to schedules and salaries in order to comply with the rule. Despite objections, the rule is final and will go into effect on December 1, 2016.  SGIA continues to monitor this important piece of legislation. Sign up to receive the most up-to-date regulatory and legislative information about specialty imaging.