Labor Department Updates 50-Year-Old ‘Regular Rate’ Pay Rule

The Society for Human Resource Management (SHRM) supports the proposed revisions. "Changes to the regular rate regulations affect the workplaces of nearly every SHRM member and the employees they serve," according to a letter SHRM submitted to the DOL. SHRM believes that "employees and employers are best served with a system that promotes maximum flexibility in structuring employee pay and benefits and clarity for employers when preparing total compensation packages."
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