Obama Is Bringing Overtime Pay To 4.2 Million Workers
The Obama administration has finalized new rules that will significantly raise the salary cutoff for overtime pay.
The regulations, which were last updated more than a decade ago, would let full-time salaried employees earn overtime if they make up to $47,476 a year, more than double the current threshold of $23,660 a year.
The White House estimates that the change will bring overtime rights to 4.2 million workers who are currently excluded.
The regulations, which were last updated more than a decade ago, would let full-time salaried employees earn overtime if they make up to $47,476 a year, more than double the current threshold of $23,660 a year.
The White House estimates that the change will bring overtime rights to 4.2 million workers who are currently excluded.
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