OPINION: Overtime rules will hurt small businesses and employees

| May 23, 2016

money bkgrd

The Labor Department’s change to the overtime rule is a harsh blow to millions of small businesses and their employees. According to NFIB research, approximately 44% of small businesses would be affected. The department claims that 4.2 million workers could potentially benefit from the change. That’s not consistent with the department’s own analysis.

In fact, buried within the regulation, the department projects that many workers won’t receive any additional pay and that others will lose pay.

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