May 25,2016 The U.S. Chamber of Commerce strongly encourages businesses in the U.S. to educate themselves about the DOL Overtime rule. They continue to encourage chamber of commerce members to raise objections to the Department of Labor’s overtime rule with Congress and ask that members of the House and Senate cosponsor the Protecting Workplace Advancement and Opportunity Act. See how by clicking on the information below.
- Urge Members of Congress to Oppose the Final DOL Overtime Rule: Today, the Administration released its final overtime regulation increasing the salary threshold below which employees must be paid overtime for working more than 40 hours a week from $23,660 annually to $47,476 annually. This threshold will take effect on December 1, 2016, and it will increase every three years. Click here and here for additional background information. The Protecting Workplace Advancement and Opportunity Act ( 2707 and H.R. 4773) would keep the regulation from taking effect and require the Department of Labor to perform a better analysis on the impact to small businesses, nonprofits, regional economies, and local governments. We encourage you and your members to reach out to Congress and ask them to cosponsor S. 2707 and H.R. 4773.