AUGUSTA, MAINE – October 11th, 2019 – The Maine Grocers & Food Producers Association is proud to announce their respected 2019 award recipients. Will’s Shop ‘n Save of Dover-Foxcroft as the 2019 Grocer of the Year; Coastal Maine Popcorn Co. of Boothbay Harbor as the 2019 Food Producer of the Year; and C&S Wholesale Grocers, Inc. of Keene, NH as the 2019 Associate of the Year.Read More
Monthly Archives: October 2019
Federal Overtime Rule Released
Last week, the U.S. Department of Labor announced their final rule regarding overtime pay under the Fair Labor Standards Act. Effective January 1, 2020, the one-year salary threshold to qualify for executive, administrative, or professional employee exemptions will be raised to $35,568 (up from its current $23,660). The Department also made three changes to existing regulations: the rule (1.) raises the total annual compensation level for highly compensated employees from $100,000 to $107,432 per year; (2.) allows employers to use nondiscretionary bonuses and incentive pay to satisfy up to 10% of the standard salary level; and (3.) revises the special salary levels for workers in U.S. territories.
The final rule also abandoned a proposed provision that would have mandated salary threshold increases every four years; however, they did note their intention to address future increases more regularly than before. Overall, they mark a stark change from the previous administration’s attempt to increase the salary threshold to over $47,000, which was blocked by a federal judge in 2017.
Courtesy of FMIRead More