May 18, 2016

MORE THAN 4 MILLION U.S. WORKERS WILL BECOME NEWLY ELIGIBLE FOR OVERTIME PAY UNDER RULES ISSUED TODAY BY THE OBAMA ADMINISTRATION


MORE THAN 4 MILLION U.S. WORKERS WILL BECOME NEWLY ELIGIBLE FOR OVERTIME PAY UNDER RULES ISSUED TODAY BY THE OBAMA ADMINISTRATION.  THE POLICY CHANGES ARE INTENDED TO COUNTER AN EROSION IN OVERTIME PROTECTIONS, WHICH DATE FROM THE 1930S AND REQUIRE EMPLOYERS TO PAY 1 ½ TIMES A WORKER'S REGULAR SALARY FOR ANY WORK PAST 40 HOURS A WEEK. VICE PRESIDENT JOE BIDEN ANNOUNCED THE CHANGES AT JENI'S SPLENDID ICE CREAMS IN COLUMBUS. IN THE FAST FOOD AND RETAIL INDUSTRIES IN PARTICULAR, MANY EMPLOYEES ARE CALLED "MANAGERS," WORK LONG HOURS, BUT ARE BARELY PAID MORE THAN THE PEOPLE THEY SUPERVISE. UNDER THE NEW RULES, FIRST RELEASED IN DRAFT FORM LAST SUMMER, THE ANNUAL SALARY THRESHOLD AT WHICH COMPANIES CAN DENY OVERTIME PAY WILL BE DOUBLED FROM ROUGHLY 23-THOUSAND DOLLARS TO 47-THOUSAND

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