A new rule would require employers to pay overtime to so-called white collar workers who make less than $55,000 a year, up from the current threshold of $35,568, which was set by the Trump administration in 2019.
NEW YORK — The Biden administration will propose a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
"I've heard from workers again and again about working long hours, for no extra pay, all while earning low salaries that don't come anywhere close to compensating them for their sacrifices," Acting Secretary of Labor Julie Su said in a statement. The Economic Policy Institute has estimated that about 15% of full-time salaried workers are entitled to overtime pay under the Trump-era policy. That's compared to more than 60% in the 1970s. Under the new rule, 27% of salaried workers would be entitled to overtime pay because they make less than the threshold, according to the Labor Department.
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Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration is proposing a new rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court
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Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration is proposing a new rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
Weiterlesen »
Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration is proposing a new rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
Weiterlesen »
Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration will propose a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
Weiterlesen »
Millions more workers would be entitled to overtime pay under proposed Biden ruleThe new rule could face pushback from business groups.
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Millions more workers would be entitled to overtime pay under a proposed Biden administration ruleThe Biden administration is proposing a new rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
Weiterlesen »