NLBMDA ACTION ALERT:


DOL Needs to Fix Its Overtime Rule Proposal

Ask Your Representative to Contact Labor Secretary Thomas Perez
 
The Department of Labor (DOL) issued a proposal last summer that would significantly alter existing overtime rules by raising the salary level under which employees qualify for overtime pay from $455 per week ($23,360 annually) to an estimated $970 per week ($50,440 annually). DOL is expected to issue a final proposal in July.
 
NLBMDA encourages all members to take action by visiting the NLBMDA Legislative Action Center and ask their Representative to contact Labor Secretary Thomas Perez and urge DOL to reconsider the proposed changes to employees eligible for overtime pay.
 
DOL has also proposed automatically increasing the minimum salary threshold on an annual basis and publishing the increased minimum salary only 60 days before its effective date, with no opportunity for comment from employers. The magnitude of DOL's proposal, coupled with the annualized automatic increases with no feedback from employers, threaten businesses, employees, and the economy as a whole.
 
Today, 108 Representatives sent a letter to the Secretary Perez expressing concern that the current overtime proposal would adversely impact all businesses and should be reconsidered by DOL. A copy of that letter can be found here. Analysis conducted by Oxford Economics found that the proposed overtime rule will erode career pathway opportunities and may actually hurt the workers the rule is designed to help.
 
Please take a moment to write a letter asking your Representative to contact Secretary Perez and express concern for the overtime pay proposal. You can also send your Representative a tweet asking them to contact the Labor Secretary.
 
If you have any questions please contact Ben Gann, Vice President of Legislative and Political Affairs, at ben@dealer.org or 202-367-2346.  
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The National Lumber and Building Material Dealers Association (NLBMDA) represents its members in the national public policy arena, with emphasis on efforts to 1) promote the industry and educate legislators and public policy personnel; and 2) assist legislative, regulatory, standard-setting and other government or private bodies in the development of laws, regulations and policies affecting lumber and building material dealers, its customers and suppliers. Founded in 1917, the association has over 6,000 members operating single or multiple lumber yards and component plants serving homebuilders, subcontractors, general contractors, and consumers in the new construction, repair and remodeling of residential and light commercial. www.dealer.org.