Fountain Hills chamber president seeks input on new overtime rule

Fountain Hills Chamber of Commerce President and CEO Scott Soldat-Valenzuela said the chamber's public policy committee will monitor a pending new overtime rule that doubles the threshold for workers that will be eligible for overtime.

The overtime rule issued by the Obama administration slated to take effect De3c. 1 will double the annual salary cap for eligibility from $23,600 to $47,476. Anyone earning less than $47,476 a year will be required to be paid overtime if they work more than 40 hours a week or receive a pay increase by Dec. 1. The Obama administration feels this will help balance the scales for middle-class workers that have been denied overtime.

Congress could employ the Congressional Review Act or pass the Workplace Advancement and Opportunity Act, which would roll back the new rule once a new president takes office, but the efforts would likely be met with a presidential veto, Soldat-Valenzuela said.

Soldat-Valenzuela is asking Fountain Hills business owners to contact him on how the new salary rules will affect their businesses.

Want to get notified whenever we write about Fountain Hills Chamber of Commerce ?

Sign-up Next time we write about Fountain Hills Chamber of Commerce, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Fountain Hills Chamber of Commerce

More News

Metro Business Network