New Overtime Law - Page 2

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    Topic
  • #202089
    Ginja_CPA
    Participant

    Hey all, not sure if you have seen the new overtime law that will go into affect this December so I thought I would share it here!

    https://www.dol.gov/featured/overtime

    This is just a brief description from the department of labor, but every news article is biased one way or the other.

    I find this change interesting, assuming that it isn’t struck down as unconstitutional before it is actually enacted. I know some accountants that live in my area that are salaried making $30,000.00 doing tax prep and this will definitely hurt the CPA firms that refuse to give them raises.

    $30,000 isn’t a lot for accountants, but in my area that is a decent salary.

    What do you all think about this change?

    REG: 80 (02/19/16)
    AUD: 83 (04/11/16)
    BEC: 78 (05/28/16)
    FAR: ?

Viewing 3 replies - 16 through 18 (of 18 total)
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  • #777333
    MaLoTu
    Participant

    Mayo – I think you misinterpreted what I said … I am just stating that automation and outsourcing are already lucrative options and that any wage increase or similar legislation is just making the inevitable come sooner. I am actually agreeing with what you said.

    #777334
    Mayo
    Participant

    *thumbs up* I think I'm just not reading very well today…err..probably this whole week.

    Mayo, BBA, Macc

    #777335
    Mayo
    Participant

    *thumbs up* I think I'm just not reading very well today…err..probably this whole week.

    Mayo, BBA, Macc

Viewing 3 replies - 16 through 18 (of 18 total)
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