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Press of Atlantic City: Overtime change under fire
The new overtime pay law is making businesses rethink their bottom line.
The proposed change in overtime regulations from the Obama Administration is having a significant impact on how small businesses and franchises conduct business. The plan issued by the Labor Department would raise overtime eligibility from $455 to $970 per week—the threshold at which salaried employees must be paid overtime.
Todd Leff, president and CEO of Hand & Stone Massage and Facial Spa, told the Press of Atlantic City that he recently met with new franchise owners who expressed concern over the proposed overtime change.
“Those owners are very concerned about the impact on their business, not just financially but also changing the relationship between the owner and manager,” Leff told the Press of Atlantic City. “Managers would now basically have to punch a clock, be paid hourly, which would take away some flexibility in their schedules and the hours they work. And the owners would have to limit managers to 40 hours unless they pay overtime.”
Leff also said that any changes could limit the number of training and advancement opportunities for those looking for professional growth within the business.
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About the Author
Nick Powills
FollowNick 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.
