The Retail Industry Leaders Association (RILA) welcomed the passage of legislation in the U.S. House of Representatives to delay the implementation of the U.S. Department of Labor's Overtime rule by six months.
Introduced by Rep. Tim Walberg (R-MI), the Regulatory Relief for Small Businesses, Schools, and Nonprofits Act (H.R. 6094), passed out of the U.S. House of Representatives today.
The overtime rule, released in May and slated to take effect on December 1, increases the salary threshold under which most employees must be paid overtime from $23,660 to $47,476.
"Retailers applaud Congressman Walberg and his House colleagues for fighting to provide relief to employees and employers who face considerable harm caused by the enormous and sudden changes imposed by this rule," said Jennifer Safavian, executive vice president for government affairs. "This vote is an important step toward protecting workers from mass reclassification, a move that will likely rob them of the flexibility and upward mobility they currently enjoy. We urge the Senate to also provide needed relief from this damaging rule, and look forward to continuing the conversation about how the DOL's policies harm workers.
RILA is the trade association of the world's largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.