John Schembari Quoted in Omaha World-Herald Article Concerning New Overtime RulesNews | May 19, 2016
Kutak Rock attorney John Schembari is quoted in an article published in the May 19, 2016 edition of the Omaha World-Herald newspaper.
The article concerns an updated federal rule that spells out new overtime regulations for salaried workers.
Schembari says the Department of Labor's upward adjustments might be taking some employers by surprise: “I think most employers could recognize that there needed to be some kind of cost-of-living adjustment, but to go and double it was really drastic: $23,660 is a low number, but going to $47,476—doubling the threshold—is drastic.”
Schembari said smaller employers could be hurt most by the new rule because smaller employers get by on thinner profit margins than larger companies and usually don’t have sophisticated systems to track employee hours.
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Schembari's work at Kutak Rock includes employee benefits, executive compensation, tax, corporate and privacy law.