The Beltway Buzz is a weekly update summarizing labor and
employment news from inside the Beltway and clarifying how
what's happening in Washington, D.C. could impact your
business.
Final Overtime Rule Advances. The U.S.
Department of Labor's Wage and Hour Division's proposal to increase the salary threshold
regarding overtime pay to slightly more than $35,000 per year took
another step forward in the regulatory process this week. On August
12, 2019, the Office of Management and Budget's Office of
Information and Regulatory Affairs (OIRA) received a draft of the
final rule for review. As the Buzz has discussed on
multiple occasions, OIRA is a regulatory gatekeeper of sorts and is
the first and last stop in the rulemaking process for most
regulations. While we don't know how long OIRA might take to
review the rule, this action means that we could see a final
overtime rule in a matter of weeks. This would also give the
regulated community several months to come into
