Businesses in limbo over salary regulations

Businesses in limbo over salary regulations

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Now, businesses and nonprofits – many of which have likely already implemented the changes – are waiting to see what’s next, according to Kathleen Reardon, CEO of the New Hampshire Center for Nonprofits.

“There’s still some unknown on whether this rule will go into effect,” Reardon said. Mazzant’s injunction is temporary, and it is unclear whether the Obama administration will try to appeal it.

Regardless, “it’s really important for (nonprofits) to make sure they’re in compliance with current laws,” she added.

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“I think it’s safe to say that many nonprofits did a lot of work from the time rules were finalized and now” to make sure they were following the law, Reardon said. “We were aware of the timing of the hearing.”

Beyond the immediate question of whether the changes will remain, there’s more uncertainty about the rules themselves and how they will impact businesses and nonprofits.

“I’m not sure if anyone knows exactly for what it means for the sector as a whole,” Reardon said.

When the rules changes were announced, her organization held training sessions for nonprofits on how to adjust to the rule change.

Source Name: 
Concord Monitor
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