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Washington, D.C. (Nov. 28, 2016) – The Coalition of Franchisee Associations (CFA), the largest franchisee-only association in the country, commends the injunction issued Nov. 22, 2016, by U.S. District Judge Amos L. Mazzant blocking the U.S. Department of Labor’s (DOL) overtime rule, which was set to take effect Dec. 1. Affecting more than 4 million workers, the rule more than doubled the threshold under which employees must receive overtime pay to $47,476 per year.
“CFA applauds Judge Mazzant’s injunction, which applies some balance to the process and allows for an evaluation of the true impact to businesses,” said CFA Chairman Keith Miller.
While not opposed to raising the salary cap, the CFA supports a measured, rationally based increase that is backed by publicly reported, thoroughly vetted data.
“CFA would support a reasonable increase in the threshold, one that reflects the current economy,” said CFA Vice Chair Rob Branca.