Arkansas Home Builders Association

July 4 – 8, 2016 Don’t Miss Regional Opportunities for the FLSA Overtime Rules Seminar Young Manufacturers Academies Planned in July-August throughout State Applications Now Being Accepted for Leadership Arkansas Class XI State Chamber/AIA “Be Pro Be Proud” Workforce Initiative Update Deltic Timber Corporation Presents the 2016 State Chamber/AIA Annual Meeting Arkansas Environmental Federation to Host a Health & Safety Seminar   August 2 AED ACCE Annual Conference Slated for August 28 – 30 at Little Rock Marriott Fort Chaffee Redevelopment Authority Recognized with ADCE Award Help the State Chamber/AIA Expand Our Social Media Presence Thanks to Our New and Upgraded Members Thanks to Our Pinnacle Members Calendar of Events   Don’t Miss Regional Opportunities for the FLSA Overtime Rules Seminar Don’t miss three regional opportunities to attend the FLSA (Fair Labor Standards Act) Overtime Rules Seminar: Get Ready for Potential Changes Coming in 2016....

In a move that could have major ramifications for members of the residential construction industry, the U.S. Department of Labor (DOL) has sent its final rule changes expanding who is covered by overtime laws to the Office of Management and Budget (OMB). The rule would impact employees who were previously exempt from the overtime requirements, such as construction supervisors and outside sales staff, among other administrative employees. The new rule would double the federal overtime salary threshold from $23,660 to $50,440 and, for the first time ever, index the salary threshold annually. By 2030, employees who make less than approximately $69,720 would be eligible for overtime. This could force many small builders to scale back on pay and benefits, as well as cutting hours to avoid overtime requirements. The issue is a top priority of the administration, and President Obama is racing to release the rule now in a bid to thwart potential congressi...