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> Perversely, the changes were not implemented by the Obama administration due to lawsuits that prevented their implementation at the last minute. By that time,
by shagie 4y ago
> Perversely, the changes were not implemented by the Obama administration due to lawsuits that prevented their implementation at the last minute. By that time, any affected organization had already made the structural changes though. (I don't think the regulatory changes ever occurred).
https://www.cnbc.com/2016/12/26/obamas-overtime-law-failed-but-still-helped-thousands.html https://www.cnbc.com/2016/12/26/obamas-overtime-law-failed-b...
> A new labor law rule — kicked back by a federal judge last month — that would have made almost four million Americans eligible for overtime pay may still have resulted in higher wages for the workers it was intended to help.
> The new legislation would have significantly raised the salary cap under which employees were eligible to earn overtime. In response, some large companies, such as Walmart, gave raises to workers whose pay fell just under the new threshold, making them ineligible for overtime pay. Other companies reclassified salaried overtime-exempt workers as hourly employees, which would make them eligible to earn overtime for workweeks longer than 40 hours.
- gwright 4y agoThanks for digging up that news report. I wonder though if organizations have drifted back to the previous structures. In the example I was thinking of, I'm no longer directly involved and so I don't know how things have evolved over the last few years.
- shagie 4y agoPossibly... though I suspect other factors also got in there with the past two years and the labor market. The article (from 2016) finishes with: > “If someone can get a $5,000 or $7,000 raise by going down the street, why wouldn’t they?” Eisenbray said. > “For companies that aren’t paying as much as their competitors, they’re going to see their best talent move,” Kropp predicted. “In this segment of the market, people will move for 50 cents or a dollar an hour difference.”