The Agricultural Retailers Association (ARA) jointly submitted comments with The Fertilizer Institute to the Department of Labor's Hour and Wage Division on the proposed rule that would increase the executive, administrative, professional overtime exemption from $23,660 per year to $50,440 per year.
The ARA/TFI comments stress the impact the increase in the overtime exemption will have on small businesses that are ARA and TFI members. The comments also oppose any sort of automatic threshold increase based on a fixed percentile of wage or Consumer Price Index. Finally, the comments recommend that performance based bonuses should count towards the salary threshold that is established for the EAP exemption.
ARA's comments can be found here.