New overtime regulations due in December
I know there is great concern over the up coming election but we still have a few things to put up with as far as the "parting gifts" that our beloved President is leaving us with. How is everyone trying to cope with the new overtime regulations that are headed out way as of Dec 1. Just curious, how are truck owners going to adjust to what could be a large pain in the butt in paying drivers. On my end, as a scumbag broker that everyone loves to hate on, it will make payroll incredibly interesting. As far as the truck owner like Art and several of you other guys out there, what is your plan of action as far as potential overtime pay goes for your drivers or will this affect you at all. 1099ing a driver can get the feds looking at you with potential fines in mind and dollar signs in their eyes.. I guess it boils down to....how do you plan to comply with this new law?