In this Q&A with the Memphis Business Journal, Whitney Harmon outlines how the Department of Labor's proposed changes to federal regulations regarding employee hourly pay could affect employers.
"If approved, the proposed revisions to the regulations mean that a significant number of employees will have to be reclassified as non-exempt and therefore will be required to keep track of their hours worked and entitled to overtime payments for all hours worked in excess of 40 in a workweek. This could be extremely costly for employers," Ms. Harmon said.
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