Under the federal law, nearly all hourly workers in the U.S. are entitled to overtime pay after 40 hours a week. But many salaried workers are exempt from that requirement—unless they earn below a certain level. The Labor Department’s now-scuttled rule would have marked the biggest incr...
New Rule Means More on Salaries May Get OvertimeWASHINGTON - Paychecks soon could grow for millions of salaried workers whose bosses don't pay...Mauriello, Tracie
Companies have dodged overtime rules by switching hourly workers into “exempt” salaried positions, adding fig-leaf managerial duties in order to allow long hours without extra pay. Being called an assistant manager sounds nice, but it often translated to an hourly pay cut. Such ploys will be ...
Administration Releases New Overtime Rules The Department of Labor has released its long awaited rule updating the regulations governing overtime pay for employees. Under the current regulations, the salary threshold for exemption is $455 per week ($23,660 per year) and the new rules will update...
A new overtime rule is about to greatly impact the American middle class. The Department of Labor (DOL) has announced an updated regulation that increases the salary threshold for paid overtime from less than $455 per week to $913 per week. Before, salaried workers were only entitled to pa...
Salaried Overtime Requirements: Employers Will Offset Them with Lower Pay The Obama Administration has announced plans to require overtime pay for salaried employees who earn less than $50,440 a year--despite the fact that econom... J Sherk 被引量: 0发表: 0年 加载更多研究...
What are the New Overtime Rules? At its core, the new overtime rule more than doubles the salary threshold—from $23,660 to $47,476 per year ($455/week to $913/week)—under which mostsalariedworkers are guaranteed overtime (note: hourly workers are already generally guaranteed overtime ...
Notably, the final rule does not change any of the duties tests associated with the white collar exemptions. By increasing the minimum salary threshold for the white collar exemptions, the final rule will make an additional 1.3 million U.S. workers eligible for overtime pay, according to the ...
Those who are paid on a salaried basis, earning more than $455 a week, no longer have to be paid overtime under federal law. Emergency workers & unions Emergency workers (including police, firefighters and rescue personnel) will continue to get overtime. The new law clearly states those wor...
The U.S. Department of Labor in August has also announced a proposed rule that would let 3.6 million more workers qualify for overtime. The proposed regulation would require employers to pay overtime to salaried workers who are in executive, administrative and professional roles but make less ...