White House Moves Closer To Major Executive Action On Overtime Pay
The Obama administration on Tuesday morning put in motion one of the last major elements of the president's economic agenda, a reform to overtime rules that could result in a pay bump for millions.
Fulfilling an executive order issued last year by President Barack Obama, Labor Department officials have sent a proposal to the Office of Information and Regulatory Affairs at the Office of Management and Budget to expand the number of U.S. workers eligible for overtime pay when they work long hours.
The full proposal is now under review by OMB officials and won't be made public for at least several weeks. After it is published, there will be a review period during which interested parties can comment on the proposed rule. The details of the rule are eagerly awaited by employers and worker advocates -- not to mention overworked Americans -- since they will ultimately determine who receives time-and-a-half pay when they work more than 40 hours in a week.
"What we’ve seen is, increasingly, companies skirting basic overtime laws, calling somebody a manager when they’re stocking groceries and getting paid $30,000 a year," Obama said of his desire to reform overtime pay in a sit-down interview with HuffPost in March. "Those folks are being cheated."
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http://www.huffingtonpost.com/2015/05/05/overtime-pay-white-house_n_7208648.html
Cue wailing and gnashing of teeth from the right
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