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On May 18, the DOL released the final overtime rule, which will change federal exemptions to overtime pay under the Fair Labor Standards Act (FLSA) for administrative, executive and professional employees, the so-called "white collar" worker classifications that have long been exempt from time-and-one-half pay for working more than 40 hours per week. The DOL's final rule will affect both public and private work by all employers that are covered under the FLSA. Specifically, the rule doubles the current minimum standard salary level for exemption from $23,660 to $47,476 annually. It also increases the highly compensated employees (HCE) to an annual compensation of $134,000. DOL made no changes to the standard duties test.
Popular tags: Elections, Final Rule, Legislative Rule
WASHINGTON, D.C., Nov. 9–Associated Builders and Contractors (ABC) today released the following statement on the election of Donald Trump as president of the United States.
“Associated Builders and Contractors congratulates President-elect Donald Trump and Vice President-elect Mike Pence and looks forward to working with this administration to craft policies rooted in free enterprise that will encourage open competition and result in greater business investment and more construction jobs,” said ABC President and CEO Michael Bellaman.
Popular tags: Government, Elections, Federal, President
November 8, 2016, general election results bring more of the same.
Among several ballot initiatives, voters approved an increase in the statewide minimum wage to $13.50 by 2020 with 60 percent of the vote (I-1433), but also defeated a proposed carbon tax by 41% to 59% (I-732).
Governor Jay Inslee was re-elected with 56% of the vote. Democratic state Senator Cyrus Habib (D-Bellevue) also won with 56% of the vote. Attorney General Bob Ferguson was re-elected handily.
Popular tags: Elections, Government, State, Final Rule