At NAFOA, we recognize that in order for tribal governments to succeed in economic development, they need to have strong operational and financial practices. As a result, we have monitored the potential impacts of the Department of Labor Overtime rule (29 CFR Part 541), which raises the salary threshold at which eligible workers qualify for overtime pay from $23,660 to $474,476 per year. This new rule may goes into effect on December 1, 2016 and may have a significant impact on how tribes manage grants, negotiate contracts, and develop budgets and labor policies.
NAFOA hosted a webinar on Tuesday, June 14, 2016 to help tribal governments and their enterprises prepare. Presenters covered the applicability of the Fair Labor Standards Act to tribal governments, a general background on the overtime rule and “white collar” exemptions from overtime requirements, an overview of the new rule, and steps to help comply with and prepare for the impact of the new rule.