restricted class

The Obama Administration’s publication yesterday of a regulation increasing the universe of employees entitled to overtime pay might reduce the number of employees from whom corporate PACs can seek contributions.

The new regulations, which take effect on December 1, 2016, increase the salary level below which certain employees are entitled…
Continue Reading New Overtime Rules May Spell Trouble For Some Corporate PACs

Corporate PAC managers may soon find that the universe of employees who receive corporate PAC solicitations has unexpectedly shrunk.  In July 2015, the Department of Labor proposed new regulations that would dramatically increase the number of workers entitled to overtime wages.  The Department of Labor estimates that, under the new…
Continue Reading Will President Obama’s New Overtime Regulations Shrink Corporate Restricted Classes?

The Obama administration announced yesterday that it will revise the regulations that define if an individual is an “executive” or “administrative” employee exempt from the overtime pay provisions of the Fair Labor Standards Act (FLSA).  This could have an unexpected impact on corporate PACs, potentially shrinking the number of employees…
Continue Reading The Obama Administration’s Changes to the Overtime Pay Rules Could Impact Corporate PACs