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President Obama on Overtime

March 17, 2014

exempt“A long time ago in a galaxy far, far away…” I was promoted into my first “Exempt” job. At the time, I don’t think I knew what “exempt” meant, but somewhere during this long strange trip, “exempt from overtime” became understood. This concept became law under the Fair Labor Standards Act (FLSA) in 1938. Last week in a presidential memorandum, President Obama directed his Secretary of Labor Tom Perez to “propose revisions to modernize and streamline the existing overtime regulations.” FLSA regulations were last modified in 2004 under President George W. Bush.

Predictably, opinions on the Presidents action were partisan. Politics aside, there are industries that frequently receive Department of Labor scrutiny for overtime pay violations, and there are employees who abuse overtime laws. In the second cited article, I was shocked to learn “many companies haven’t invested in the technology and still rely on written logs and supervisors to keep a watch on hours.”

Wow. Kronos can help…

Kronos Timekeeping Solutions

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