Labor Department Unveils Proposed New Overtime Pay Requirements
On March 7, the Department of Labor released its proposal to make more workers eligible for overtime pay.
Jaclyn Diaz and Chris Opfer, reporters for Bloomberg Law® write, “Workers who make less than about $35,000 per year would be automatically eligible for time-and-a-half pay for all hours worked beyond 40 a week, under the Trump administration’s proposal. That’s up from the current threshold of $24,000, but not as high as the $47,000 mark proposed by the Obama administration in a stalled regulation”.
Read the U.S. Department of Labor Notice of Proposed Rulemaking: Overtime Update.
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