188bet亚洲真人体育下载 Reacts to Department of Labor Overtime Rule, Encourages Action in Congress

美国.S. 美国劳工部(DOL)于5月18日发布了一份 最后的规则amending the requirements for overtime pay that would dramatically increase the salary thresholds for exemption for CPA firms and other businesses throughout the nation.  该规定遭到了政府的强烈反对 美国注册188bet亚洲真人体育下载 (188bet亚洲真人体育下载) and the accounting profession and many others in the business community.

Under the Fair Labor Standards Act (FLSA) employees who work more than 40 hours in a week are entitled to overtime pay, unless they meet the requirements of one of the wage level and duties tests.  新规定将最低工资门槛从23美元提高了一倍,660 to $47,476 annually and raises the exemption level for what are considered “highly compensated employees” from $100,000 to $134,004年薪.  美国劳工部估计，这一规则的变化将直接影响到大约4家公司.2 million workers across the United States not currently eligible for overtime and may reclassify an additional 8.900万受薪工人不受豁免. 

Businesses nationwide are assessing the effects of the new overtime-pay rule, with many companies saying the regulation will lead them to reduce workers’ hours, 削减福利, 或者限制灵活的办公安排.  公司将在12月1日之前做出决定, 2016, to make determinations on which employees to reclassify as nonexempt and implement the changes.

While most accounting firms will work to absorb the additional payroll expectations, the overtime rule will have a significant negative impact on smaller accounting firms.  Of particular concern are the impacts the change in overtime has on major decisions such as hiring, 扩张, the offering of benefits and the ability to offer flexible working arrangements.  进一步, DOL does not take into consideration the seasonal nature of the accounting profession, nor the numerous small firms that are unable to increase the salaries of their employees to comply with the exemption threshold, 同时也满足了每年纳税季节的需求.

In a statement released after the rule was issued, 188bet亚洲真人体育下载 President and CEO 巴里·C. 梅纳康美国注册188bet亚洲真人体育下载(188bet亚洲真人体育下载)表示:“美国注册188bet亚洲真人体育下载(188bet亚洲真人体育下载)清楚地、始终如一地 概述了其关注的问题 that the Department of Labor proposed rule will increase the administrative burden in complying with the regulations while dramatically increasing employers’ payroll costs.  The proposed revisions fail to modernize or streamline the regulations, are not reflective of the realities of the modern workplace and a changing workforce, 对雇员和雇主都有不利影响.  DOL’s modifications to the rule did little to lessen the likelihood that CPA firms and countless other businesses will be forced to curtail hiring – and may even have to reduce the size of their workforce.”