President Obama (today)to issue executive order expanding overtime pay
President Obama will issue an executive order today expanding the number of people who qualify for overtime pay under federal labor law, according to news reports.
According to the Associated Press, the directive is designed to help salaried workers, such as fast-food shift supervisors or convenience store managers, who may be expected to work more than 40 hours a week without receiving overtime pay.
AP reported that under Obama’s proposed changes, the Labor Department could raise the pay threshold for workers covered by overtime rules.
The legal authority derives from the Fair Labor Standards Act, which, under current regulations, guarantees extra pay to salaried workers told to work overtime if they earn less than $455 per week.
Obama’s order would increase that salary level.
http://www.washingtonpost.com/news/morning-mix/wp/2014/03/12/report-obama-to-issue-executive-order-expanding-overtime-pay/?tid=pm_national_pop
I read somewhere the "salary level" could be changed to about 800-1,000 per week.
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