“Without question, these new regulations will hurt Maine workers more than help.” In 2014, President Obama issued an executive order to the U.S. Department of Labor (DOL) to “modernize and streamline” the current overtime regulations. While this issue has been percolating for some time, most people only heard about it when the final rules were released late last week. The reaction has been swift and dramatic. Without question, these new regulations will hurt Maine workers more than help. These new regulations will dramatically increase the number of workers who must be paid overtime by essentially doubling the salary threshold from…
Author: Curtis Picard
Curtis Picard
Curtis Picard, CAE, is the executive director of the Retail Association of Maine.