Question
The Supreme Court has recently pass laws that double the threshold amount for low wage salaried employees to be qualified for overtime from the current
The Supreme Court has recently pass laws that double the threshold amount for low wage salaried employees to be qualified for overtime from the current $23,660 to 50,440. This means that employers will now have to pay those low wage salaried managers for all of those extra hours that managers typically have to put in.
1. As a business owner, is it fair to you to have to shoulder another Government sponsered regulation that places more downward pressure on your profit margins?
2. As a low salaried employee do you now cut back on your typical time spent performing your managerial duties now for fear that your employer will have to legally shoulder the burden of profit loss as a result of increase salaries?
3. Can the law be a win-win for both parties? Explain!
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