Just as employers finalized their strategies for complying with the new FLSA overtime regulations - including restructuring positions, changing compensation plans, modifying how employees track their time and dealing with the subsequent fallout – a federal appellate judge in Texas calls everything to a (temporary) halt.
What’s an employer to do?
On December 14, the Chamber, in partnership with Ogletree Deakins presented its second Rules of Business Webinar focused on FLSA changes. Chuck McDonald, shareholder at Ogletree Deakins, provided his insight as to possible outcomes following the recent temporary injunction and the impending changes with the Trump Administration. In short, we are in a “wait and see” period, with some clarity possibly emerging in mid to late January.
While not ideal, the current uncertainty will mean that another Rules of Business Webinar will coming your way during the first quarter of 2017. Hopefully, we will have better direction as to what employers should be considering as they re-adjust their strategies to meet the changing business climate under the new administration.
About the Author
Hank Hyatt is the Greenville Chamber's VP of Economic Competitiveness.