Washington, D.C. – Associated Builders and Contractors (ABC) today issued the following statement in response to President Barack Obama’s directive to the U.S. Department of Labor to change federal overtime rules:
“While details are still emerging about the newly announced administration proposal, its objective appears to be the imposition of more burdens on businesses, particularly small businesses, including those in the construction industry,” said Geoff Burr, vice president of government affairs for ABC. “Today’s presidential directive will potentially affect all employers covered by the Fair Labor Standards Act (FLSA), including the vast majority of construction contractors, subcontractors and suppliers. ABC will explore all avenues to ensure that any proposed rule changes do not cause harm to merit shop contractors.”
To view this news release on ABC’s website, click here.