The fast-casual burrito restaurant, Chipotle, has found itself the subject of a lawsuit alleging violations of federal labor laws specifically unpaid wages. Currently, over 10,000 Chipotle employees have joined the collective-action lawsuit which states that Chipotle...Read More
An excerpt from the Inc. article by Suzanne Lucas addressing the affect the proposed change in overtime laws will have for Congress and their staff.
Last summer the Department of Labor released a new proposal for a change in overtime laws. Significantly, regardless of job duties, employees will have to earn $50,440 per year before they can be considered exempt from overtime. The change hasn't been implemented yet (the proposed date is September 2016), but business owners are already in a panic.
Why? The previous threshold was only $23,660, so this throws a lot of jobs--an estimated five million, in fact--into the pot. This is a huge deal and will cause lots of problems for business owners and employees alike. Guess who just figured it out?
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