The Department of Labor just dropped a bombshell: a proposed rule that would expand overtime eligibility for millions of workers.<\/span><\/p>\n

This rule would expand overtime eligibility for 3.6 million workers and would guarantee overtime pay for most salaried workers earning less than $1,059 per week, or about $55,000 per year.<\/span><\/p>\n

This is a big deal. The current overtime threshold is $35,568, and it hasn’t been raised in over a decade. As a result, millions of salaried workers have been classified as exempt from overtime, even though they often work long hours.<\/span><\/p><\/blockquote>\n

The DOL’s proposed rule would change all that. It would force employers to reclassify millions of workers as non-exempt, meaning they would be entitled to overtime pay.<\/span><\/p>\n

The Department of Labor estimates that the new rule could cost businesses up to $664 million over a 10-year period. This is because businesses would have to pay overtime to more workers, or increase the salaries of workers who are currently exempt from overtime.<\/span><\/p>\n

The proposed rule is a win for workers, who would be guaranteed more pay for their hard work. However, it is a cost for businesses, which will have to adjust their budgets to accommodate the new rule.<\/span><\/p>\n

Here are some of the potential impacts of the new overtime rule on businesses:<\/span><\/p>\n

\n
• Increased labor costs: Businesses would have to pay overtime to more workers, or increase the salaries of workers who are currently exempt from overtime. This could lead to increased labor costs for businesses.<\/span><\/li>\n
• Changes to compensation structures: Businesses may need to change their compensation structures to ensure that they are compliant with the new overtime rule. This could involve increasing salaries, offering bonuses, or providing other forms of compensation.<\/span><\/li>\n
• Reduced profits: The increased labor costs associated with the new overtime rule could reduce businesses’ profits.<\/span><\/li>\n
• Increased administrative burden: Businesses would need to spend time and resources to ensure that they are compliant with the new overtime rule. This could include reviewing employee salaries, updating payroll systems, and training managers.<\/span><\/li>\n<\/ul>\n

  Overall, the proposed overtime rule is a positive development for workers, but it could have a negative impact on businesses. Businesses will need to carefully consider the potential impacts of the rule and develop strategies to mitigate the costs.<\/span><\/p>\n

  This is sure to shake up the workplace. Employers will need to decide whether to raise salaries, reclassify workers, or find other ways to comply with the new rule.<\/span><\/p>\n

  Small businesses are especially concerned about the impact of the proposed rule. They argue that it would be too costly to comply, especially in the current economic climate.<\/span><\/p>\n

  But labor advocates say that the proposed rule is long overdue. They argue that it would help to ensure that all workers are paid fairly for their work.<\/span><\/p>\n

  Only time will tell whether the DOL’s proposed rule will be finalized. But one thing is for sure: it’s a major development that could have a significant impact on the workplace.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

  Release Date 04\/12\/2021 WASHINGTON\u2014U.S. Citizenship and Immigration Services today announced that F-1 students seeking optional practical training (OPT) can now file Form I-765, Application for Employment Authorization, online if they are filing under one of these categories: (c)(3)(A) \u2013 Pre-Completion OPT; (c)(3)(B) \u2013 Post-Completion OPT; and (c)(3)(C) \u2013 24-Month Extension of OPT for science, technology, engineering and mathematics (STEM) students. OPT is temporary employment that is directly related to an F-1 student\u2019s major area of study. Eligible students can apply to receive up to 12 months of OPT employment authorization before completing their academic studies (pre-completion) and\/or after completing their academic studies (post-completion). Eligible F-1 students who receive STEM degrees may apply for a 24-month extension of their post-completion OPT. \u201cUSCIS remains committed to maximizing our online filing capabilities,\u201d said Senior Official Performing the Duties of USCIS Director Tracy Renaud. \u201cThe I-765 online filing option allows eligible students to file forms online in a more user-friendly fashion and increases efficiencies for adjudicators.\u201d The option to file Form I-765 online is only available to F-1 students filing Form I-765 for OPT. If an applicant submits Form I-765 online to request employment authorization on or after April 15, but is eligible for….<\/div>\n","protected":false},"author":2,"featured_media":56001,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[604],"tags":[586,584,565,571,583,564,581,588,578,577,596,567,557,597,575,594,164,582,568,552,573,555,599,553,551,556,593,589,554,590,600,548,574,228,576,601,561,255,560,602,592,598,546,580,185,569,547,585,563,550,591,595,603,562,570,203,205,566,549,579,558,587,572,559,545],"class_list":["post-71510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hiring-trends","tag-apartment-cleaning-jobs","tag-apartment-complex-jobs","tag-apartment-housekeeper","tag-apartment-housekeeping-jobs","tag-apartment-jobs","tag-apartment-jobs-in-dallas","tag-apartment-jobs-in-dfw","tag-apartment-jobs-near-me","tag-apartment-leasing-agent-jobs","tag-apartment-leasing-jobs","tag-apartment-leasing-jobs-near-me","tag-apartment-list-careers","tag-apartment-locator-jobs","tag-apartment-maintenance-and-or-leasing-staffing-companies","tag-apartment-maintenance-jobs","tag-apartment-maintenance-jobs-near-me","tag-apartment-maintenance-technician","tag-apartment-manager","tag-apartment-manager-jobs","tag-apartment-manager-jobs-near-me","tag-apartment-office-jobs","tag-apartment-staffing","tag-apartment-staffing-agencies","tag-apartment-staffing-agency","tag-apartment-staffing-arlington-tx","tag-apartment-temp-agency","tag-apartment-temporaries","tag-apartment-temps","tag-apartment-therapy-careers","tag-apartment-therapy-jobs","tag-apartments-hiring-near-me","tag-apt-jobs","tag-apt-personnel-staffing","tag-community-assistant","tag-community-manager-floating-manager","tag-employee-staffing-apartments","tag-exclusive-apartment-staffing","tag-groundskeeper-porter","tag-housekeeping-jobs","tag-jobs-that-provide-housing-near-me","tag-leasing-agent-jobs","tag-leasing-agent-jobs-near-me","tag-leasing-office-jobs","tag-leasing-office-jobs-near-me","tag-leasing-professional","tag-leasing-professional-via","tag-leasing-staffing","tag-leasing-staffing-agencies","tag-maintenance-staffing","tag-make-ready-specialist","tag-multi-family-staffing","tag-multifamily-staffing","tag-multifamily-staffing-agency","tag-part-time-leasing-consultant","tag-property-management-staffing-agencies","tag-service-supervisor","tag-service-technician","tag-temp-leasing-consultant-positions","tag-temp-to-perm-apartment-staffing","tag-temporary-agencies-for-apartments","tag-temporary-apartment-personnel","tag-temporary-apartment-staffing","tag-temporary-apartment-staffing-agency","tag-the-liberty-group-reviews","tag-uncategorized-property-management-staffing"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/posts\/71510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/comments?post=71510"}],"version-history":[{"count":2,"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/posts\/71510\/revisions"}],"predecessor-version":[{"id":71512,"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/posts\/71510\/revisions\/71512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/media\/56001"}],"wp:attachment":[{"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/media?parent=71510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/categories?post=71510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apartmentcareershq.com\/wp-json\/wp\/v2\/tags?post=71510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}