Biden Proposal Would See Millions More Workers Entitled to Overtime Pay ...Middle East

Time - News

NEW YORK (AP) — 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. The new rule, shared with The Associated Press ahead of the announcement, would require employers to pay overtime to so-called white collar workers who make less than $55,000 a year. That’s up from the current threshold of $35,568 which has been in place since 2019 when Trump administration raised it from $23,660. In another significant change, the rule proposes automatic increases to the salary level each year. [time-brightcove not-tgx=”true”] Read More: Am

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Last updated : 30 August 2023 clock 04:08 PM

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Biden Proposal Would See Millions More Workers Entitled to Overtime Pay ...Middle East

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