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Fast Casual: NRF: Obama’s overtime rules will 'hollow out' management jobs
Industry observers warn of ‘massive hidden costs.’

Franchise News
SPONSORED
Industry observers warn of ‘massive hidden costs.’

President Obama’s Affordable Care Act hasn’t won him many friends in the franchise industry, and its doubtful his approach to overtime regulations will remedy that.
Fast Casual recently reported the Obama Administration’s plan to overhaul federal overtime regulations will likely reduce management positions in restaurants. This is based on a report from the National Retail Federation, which went on to say such changes will lead to a shift toward more hourly and part-time positions.
"This is a workplace regulation with massive hidden costs," NRF Senior Vice President for Government Relations David French said. "Any potential lift in take-home pay would be a mirage, but the consequences of this rule would be real, in terms of higher costs for businesses and less opportunity for employees to move up the career ladder from associate to manager. The overtime rules would hollow out middle-management careers and middle-class opportunities for millions of workers."
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About the Author
Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.