Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ACEC Hails Final FLSA Rule Changes As Putting The 'Fair' Back Into The Act.


Business Editors

WASHINGTON--(BUSINESS WIRE)--April 28, 2004

The American Council American Council may refer to:

In linguistics:
  • American Council of Teachers of Russian, an organization that has to advance research development in Russian and English language
 of Engineering Companies (ACEC ACEC American Council of Engineering Companies (formerly American Consulting Engineers Council)
ACEC American Consulting Engineers Council (now American Council of Engineering Companies) 
) - the business association of the engineering industry - today strongly supported final rule changes to modernize mod·ern·ize  
v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es

v.tr.
To make modern in appearance, style, or character; update.

v.intr.
To accept or adopt modern ways, ideas, or style.
 the Fair Labor Standards Act Fair Labor Standards Act or Wages and Hours Act, passed by the U.S. Congress in 1938 to establish minimum living standards for workers engaged directly or indirectly in interstate commerce, including those involved in production of goods bound  (FLSA FLSA Fair Labor Standards Act
FLSA Fedora Legacy Security Advisory
). The Council stressed that the changes will simplify compliance for the nation's engineering industry, ensuring fair treatment for firm employees while protecting firms from burdensome enforcement actions and lawsuits.

The rules will provide clearer guidance for firms in classifying employees as exempt or non-exempt from the Act's minimum wage and overtime requirements. Absent Congressional action, the new rules go into effect this summer.

"Secretary of Labor Chao should be commended for putting forth common-sense reforms that will keep the landmark FLSA statute viable in the 21st Century workplace," said ACEC President David A. Raymond. "The final rule will go a long way to putting the fair back into the Fair Labor Standards Act."

"The regulations governing overtime and minimum wage eligibility under the FLSA have not been significantly revised in over 50 years," said Raymond. "The modern workplace has changed considerably during that time, particularly in the engineering industry, and the current regulations have failed to keep pace with those changes."

Raymond added that the final regulations put forth by the Department of Labor will remedy many of the problems engineering firms face with regard to FLSA compliance, specifically in providing clearer guidance for firms to classify clas·si·fy  
tr.v. clas·si·fied, clas·si·fy·ing, clas·si·fies
1. To arrange or organize according to class or category.

2. To designate (a document, for example) as confidential, secret, or top secret.
 employees as exempt or non-exempt from the Act's minimum wage and overtime requirements. "The current regulations leave too much room for interpretation and have resulted in unfair and costly enforcement actions against many engineering firms," he said.

The American Council of Engineering Companies (ACEC) is the business association of America's engineering industry, representing approximately 6,000 independent engineering companies throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  engaged in the development of America's transportation, environmental, industrial, and other infrastructure. Founded in 1910 and headquartered in Washington, D.C., ACEC is a national federation of 51 state and regional organizations.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 28, 2004
Words:328
Previous Article:Loews Corporation Announces Analyst Conference.
Next Article:CNA's Stephen W. Lilienthal and Robert V. Deutsch to Present at the Loews Corporation 2004 Analyst Conference on May 5.



Related Articles
The Congressional Band-Aid Approach.
LAPD PAY SUIT SETTLED OWED OVERTIME TOTALS $40 MILLION.
New BNA Publications cover employment and Privacy Laws.
Jumble of labor laws difficult to master.
New federal rules revise overtime limits.
The Fair Labor Standards Act and police compensation.
FLSA requirements for part-time nonexempt employees.
Understanding the new overtime laws: apartment firms and independent rental owners are advised to review their position descriptions and compensation...
More audits look for violations of wage-and-hour laws.
Schools cope with federal Overtime: regulation changes have increased the number of employees eligible for overtime pay.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles