The Biden administration's proposed overtime rule would be disruptive to small businesses, trade groups warn
The last time the threshold increased was in 2020, when workers making less than $35,568 annually were required to receive time-and-a-half overtime pay. Before that, the threshold for overtime was set at $23,660 in 2004.
"The Labor Department’s proposal to implement yet another overtime salary threshold increase is a massively disruptive change that would create negative economic impacts for both hotel workers and employers," said American Hotel & Lodging Association president and CEO Chip Rogers."Small business owners continue to grapple with the rising costs of conducting business and inflationary pressures.
Biden's nominee for Secretary of Labor, Julie Su, announced the overtime rule just ahead of Labor Day
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