New Labor Department Overtime Regulations Will Kill Flexible Schedules for Employees, Not Jobs
Unfortunately, the overtime regulations will have a major unintended side effect: They will force entry- and mid-level salaried employees to track their hours.
New Labor Department regulations will soon require employers to pay overtime to many salaried workers. The administration bills this as a way to raise wages; opponents argue it will kill jobs. One thing is certain: The change will kill flexible schedules for entry- and mid-level salaried employees.