WASHINGTON — The National Retail Federation praised yesterday’s House passage of legislation that would delay the Labor Department’s expansion of overtime rules for six months. Prior to the vote, NRF told lawmakers in a letter that action on the legislation would be included in its annual voting scorecard.
“Lawmakers from both parties recognize that the administration’s radical changes to overtime rules are too much, too fast,” NRF Senior Vice President for Government Relations David French said. “With the December 1st compliance deadline looming, the window for congressional action is quickly closing. Pushing pause on implementing these one-size-fits-all regulations would provide welcome breathing room for retailers large and small struggling to comply with the changes during the holidays, their busiest time of the year. We urge the Senate to help millions of employers and employees by stepping in to help fix or delay the overtime rules.”
The delay would give employers an extra six months to come into compliance with new overtime rules that are set to take effect Dec. 1 by pushing the deadline to June 1, 2017.
The new regulations will require employers to pay overtime to most workers who make up to $47,476 per year when they work more than 40 hours a week, more than double the current threshold of $23,660.