Recent changes to the nation’s overtime pay rules will make 4.2 million currently exempt workers eligible for overtime pay. According to the U.S. administration, the Department of Labor’s (DOL) changes will help grow middle-class wages and put $12 billion in the pockets of U.S. workers over the next 10 years.
Complying with these sweeping changes means businesses will have to spend more in payroll, administrative and legal fees.
So what can you do to help your business control costs? Meg Ferrero, Vice President and Assistant General Counsel of ADP’s Major Accounts division shares some tips with FEI.
Read more here.