Pres. Obama signs Overtime Rule Change in 2014 (Photo: DOL website)
Franchise and retail communities were bracing for the Department of Labor's new overtime rule, set to go into effect December 1. After a court decision, they have now breathed a sigh of relief. A district judge in Texas approved a preliminary injunction on November 22 that halted the rule change, one that would double the current salary threshold for exemption from overtime pay for employees who work more than 40 hours a week.