New Report Reveals Nonprofit Challenges in Implementing New Federal Overtime Law
Submitted by Monica on July 6, 2016
A new report published by the National Council of Nonprofits outlines the challenges nonprofits with government grants and contracts could face in implementing the Department of Labor’s new overtime regulations. A national survey of over one thousand nonprofits revealed widespread concern over increased costs which are not supported by existing contracts. The report concludes that government funders should help nonprofits fill in the gaps by offering short-term transitional resources and providing grantees the opportunity to renegotiate their contracts to account for the financial, operational, or programmatic changes needed for nonprofits to comply with the law.