{"id":560,"date":"2014-03-12T18:33:54","date_gmt":"2014-03-12T18:33:54","guid":{"rendered":"https:\/\/www.fslawfirm.com\/blog\/?p=560"},"modified":"2014-03-12T18:33:54","modified_gmt":"2014-03-12T18:33:54","slug":"president-obama-propose-new-overtime-regulations","status":"publish","type":"post","link":"https:\/\/www.fslawfirm.com\/blog\/2014\/03\/president-obama-propose-new-overtime-regulations\/","title":{"rendered":"President Obama to Propose New Overtime Regulations"},"content":{"rendered":"<p><!--[if gte mso 9]><xml>\n <w:WordDocument>\n  <w:View>Normal<\/w:View>\n  <w:Zoom>0<\/w:Zoom>\n  <w:TrackMoves\/>\n  <w:TrackFormatting\/>\n  <w:DoNotShowComments\/>\n  <w:PunctuationKerning\/>\n  <w:ValidateAgainstSchemas\/>\n  <w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n  <w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n  <w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>\n  <w:DoNotPromoteQF\/>\n  <w:LidThemeOther>EN-US<\/w:LidThemeOther>\n  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5.4pt;\n\tmso-para-margin-top:0in;\n\tmso-para-margin-right:0in;\n\tmso-para-margin-bottom:10.0pt;\n\tmso-para-margin-left:0in;\n\tline-height:115%;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Times New Roman\",\"serif\";}\n<\/style>\n\n\n<![endif]--><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;\">On Thursday, March 13, 2014, President Obama will direct the Labor Department to revamp their regulations pertaining to overtime requirements.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>In further pursuit of President Obama\u2019s economic agenda, the proposed regulations would increase the number of people who qualify for overtime, such as fast-food managers, loan officers, computer technicians and other positions that are currently classified as \u201cexecutive or professional\u201d employees in order to avoid paying them overtime.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Currently, employees who make over $455 a week and perform executive tasks (i.e., supervising other employees) may qualify as an exempt employee.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>The proposed regulations seek to raise the income threshold of $455 a week and require that employees perform a minimum percentage of \u201cexecutive\u201d work before they can be exempted from qualifying for overtime pay.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>These new regulations can potentially shift billions of dollars of corporate income to the employees\u2019 pockets.<\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;\">There are regulations already in place that determine whether an employee qualifies as exempt from receiving overtime pay.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Job title does not matter.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Therefore, if you are considered a manager, assistant manager, vice president, or any other title that insinuates an authoritative and\/or an executive role, you may be entitled to overtime pay.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>Please contact the employment lawyers at Fitapelli &amp; Schaffer, LLP, (212) 300-0375, to schedule a free consultation to discuss your rights under the Fair Labor Standards Act and the New York Labor Law.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, March 13, 2014, President Obama will direct the Labor Department to revamp their regulations pertaining to overtime requirements.\u00a0 In further pursuit of President Obama\u2019s economic agenda, the proposed regulations would increase the number of people who qualify for overtime, such as fast-food managers, loan officers, computer technicians and other positions that are currently classified as \u201cexecutive or professional\u201d employees in order to avoid paying them overtime.\u00a0 Currently, employees who make over $455 a week and perform &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1,22,21,34],"tags":[],"class_list":["post-560","post","type-post","status-publish","format-standard","hentry","category-employment-law","category-flsa-2","category-overtime-2","category-unpaid-wages-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>President Obama to Propose New Overtime Regulations - New York Employment Lawyer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fslawfirm.com\/blog\/2014\/03\/president-obama-propose-new-overtime-regulations\/\" \/>\n<meta property=\"og:locale\" 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