Retail Industry Leaders Association Inc.
11/15/2024 | Press release | Distributed by Public on 11/15/2024 15:37
Court Ruling on Overtime Rule a Win for Workers, Retailers
Court Ruling on Overtime Rule a Win for Workers, Retailers
- By [ Evan Armstrong ]
- Washington, DC
- 11/15/2024
"Retailers are relieved with the Court's decision to block the DOL's final overtime rule, which was an overzealous and unreasonable approach from the start that ignored the realities of today's economy and the law."
"RILA has long argued the DOL's approach to overtime policy would create uncertainty for employers. The Court recognized rightly that the rule was legally dubious and ultimately created an unworkable standard.
"Retailers will remain advocates for workforce policy that fosters commonsense flexibility and job growth that we know today's workforce desires. We look forward to collaborating with the Department in the future to craft a more practical proposal."
RILA submitted comments to the Department of Labor in November 2023 outlining the industry's full concerns with the proposed rules. See full comments here.
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RILA is the US trade association for leading retailers. We convene decision-makers, advocate for the industry, and promote operational excellence and innovation. Our aim is to elevate a dynamic industry by transforming the environment in which retailers operate.
RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $2.7 trillion in annual sales, millions of American jobs, and hundreds of thousands of stores, manufacturing facilities, and distribution centers domestically and abroad.
RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $2.7 trillion in annual sales, millions of American jobs, and hundreds of thousands of stores, manufacturing facilities, and distribution centers domestically and abroad.
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