Proposed Overtime Rule Could Benefit 1 Million U.S. Workers

A proposed change in federal labor laws could expand overtime eligibility to more than 1 million salaried workers in the U.S. The U.S. Department of Labor proposed raising the overtime threshold to most salaried workers earning an annual salary of $35,308 or $679 per week so that employees making less than that amount would be eligible for time-and-a-half pay for any hours over 40 worked per week. Currently, the overtime threshold sits at $23,660 or $455 per week, so anyone making more than that isn’t eligible for overtime pay. The government set the current overtime threshold 15 years ago. The ... Read More