Paul DeCamp Webinar Cited in “Overtime Rules Could Bring Higher Labor Costs in the New Year”Antares Group December 19, 2019
A Restaurant Law Center webinar co-presented by Paul DeCamp, Member of the Firm—“Get Ready: New Overtime Rules in Effect Jan. 1, 2020”—was cited in a blog post by the Antares Group, titled “Overtime Rules Could Bring Higher Labor Costs in the New Year.”
Following is an excerpt:
New overtime rules that are expected to go into effect at the first of the year could have a significant impact on employers’ labor costs.
There are several components to the final rules issued in September by the U.S. Department of Labor, but the provision that raises the standard salary level for employees to be eligible for overtime is the one that will likely have the greatest impact on restaurant owners.
According to the final rules, which are set to go into effect Jan. 1, 2020, salaried employees who earn less than $684 a week (or $35,568 a year) will be eligible to earn overtime. The current threshold for being eligible for overtime is $455 per week or $23,660 a year. …
How should employers respond?
The Restaurant Law Center with National Restaurant Association and the law firm of Epstein Becker Green recently hosted a webinar on the subject. They provided a good example of how this could impact the owner of a restaurant. …