Just before Thanksgiving, a U.S. District Judge agreed with 21 states and a coalition of business groups and blocked the Obama administration’s new overtime rule. The judge determined the rule is unlawful and granted a motion for a preliminary nationwide injunction, suspending the implementation date indefinitely.
There may be only about 100 days left in President Obama’s term, but his Administration is not slowing down. They are aggressively implementing a new series of regulations that will affect our nation’s businesses and, unfortunately for our economy, American manufacturers are taking the brunt of the burden.
Earlier this year, the Obama Administration announced its final ruling for overtime regulations (See our blog outlining the details of the rule here). The new rule, which would make anyone earning up to $47,476 a year eligible for overtime, goes into effect on December 1, 2016.
The Obama Administration announced its final ruling for overtime regulations on May 18, 2016. With this new ruling, Buffalo Niagara employers must prepare for changes in how they compensate their employees.
The Governor and State Legislature have reached an agreement on the State Budget and, in doing so, have turned their backs on New York employers and doubled down on the state’s well-earned reputation as the most unfriendly place in the country to own and operate a business. The employer mandates contained in this budget are unprecedented and will continue to hold back the Upstate economy.
With summer right around the corner, many students are looking for summer internships.
Internships are vital to student’s career readiness, as they teach students about both the technical and soft skills needed to compete in the workforce.