TRSA, Industry Coalition Send Letter to Congress about OT Pay
On March 7, the Partnership to Protect Workplace Opportunity (PPWO) along with 84 employer organizations, including TRSA, sent a letter to Congress urging support of the Overtime Pay Flexibility Act (H.R. 7367), which would prohibit the U.S. Department of Labor (DOL) from finalizing, implementing or enforcing its proposed overtime pay rulemaking.
If allowed to go into effect, DOL’s rule will negatively impact businesses across all sectors, employees and customers. It would force the reclassification of millions of employees from salaried to hourly. This change means these employees will lose access to critical benefits, their hard-fought status in the workplace, opportunities for career advancement, flexible work arrangements and potentially their jobs entirely. These consequences will be disproportionally borne by entry-level workers, particularly those from rural and economically struggling areas or those graduating with degrees that do not traditionally command high salaries. Moreover, this regulation would impose high compliance costs and destabilizing organizational changes.
The Overtime Pay Flexibility Act would protect workers, American businesses and the economy from this policy. TRSA urges Congress to pass H.R. 7367 and require DOL to abandon its proposed rule, safeguarding the American economy from its repercussions, protecting workers’ jobs, benefits and future career growth, and shielding American businesses in all sectors from its administrative costs and burdens.