Overtime Regulation: One More Roadblock for Manufacturers
Proposed Regulation Imposes 1930s-Era Regulations on Our Modern Workforce
Washington, D.C., June 30, 2015 – The National Association of Manufacturers (NAM) Vice President of Human Resources Policy Joe Trauger issued the following statement in response to the Department of Labor’s proposed rule to change overtime regulations:
“Today, the Department of Labor announced the demotion of at least 5 million Americans. Manufacturers are proud of the modern workplaces and high salaries they offer their workforce, and this proposed regulation is another in a long list of regulatory roadblocks to healthy and robust economic growth and job creation. We will continue to pursue policies that allow manufacturers to create high-paying, good jobs and vigorously oppose policies that are counterproductive to achieving that goal.”
To learn more about the impact of labor regulations, such as the overtime regulation, on manufacturers, visit our website.
The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.09 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.