Contractors: Beware Of New Overtime Rules

摘要

Last month the United States Department of Labor (DOL) issued its long awaited and highly controversial revisions to the federal regulations defining who is, and who is not, exempt from overtime pay. In the big picture, DOL did not address the unique job requirements of service technicians in the HVACR industry. However, it is highly unlikely ―in most cases―that service techs will satisfy any of the exemptions under the new rules, even if they are paid more than $100, 000 a year. In fact, the so-dubbed "Fair Pay Rule" virtually guarantees overtime pay for all blue-collar workers.