On May 18, the White House announced its official revisions to U.S. overtime rules — a change that will expand overtime pay to 4.2 million U.S. workers nationwide who were previously ineligible for overtime pay. Now comes the challenge of successfully navigating these changes. 

Much of the attention around these rules is focused on the impact on employees’ wages and the consequential labor cost decisions companies might undertake (such as cutting overtime hours or bonus/incentive pay) to maintain their bottom lines. But, these changes will also have a huge influence on employee benefits policies and plan options as employers decide on their approaches to stay compliant with the new regulations. 

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.