WASHINGTON – The National Retail Federation issued the following statement from Senior Vice President for Government Relations David French in response to the Department of Labor’s final rule expanding overtime pay eligibility.
“We applaud the Department of Labor for adopting a reasonable, thoughtful approach to updating the nation’s overtime rules. This move brings overtime eligibility up to speed with today’s economy. Just as important, it provides regulatory certainty for American retailers while promoting upward mobility and workplace flexibility for employees.”
NRF also sent a letter today to the Senate Committee on Health, Education, Labor and Pensions expressing strong support for the nomination of Eugene Scalia to be the next Secretary of Labor.
The National Retail Federation, the world’s largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $2.6 trillion to annual GDP and supporting one in four U.S. jobs — 42 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies.