As The Lose OT rules (the minimum pay test, the hourly-pay or salary test, and a duties test) get modernized by having the duries test expanded so as to call folks professional/executive if they recommend - but do not have authority to carry out - rule changes for 2 or more employees they supervise.
It is good to be a $25,000 a year MacD-executive ($35,000 a year at Wal Mart and Home Depot)!
:-)
http://money.cnn.com/2004/07/14/news/economy/overtime/index.htm 6 million may still lose OT pay: study
Labor-backed group says new revisions to work rules will still mean lost overtime for millions.
July 14, 2004: 3:24 PM EDT
By Andrew Stein, CNN/Money staff writer
NEW YORK (CNN/Money) - Revised changes to overtime rules proposed by the Bush administration will still fail to protect overtime pay for 6 million workers, according to a new study. <snip>
The original proposal would have stripped overtime protection for 8 million workers, according to the Economic Policy Institute (EPI), which studies issues affecting middle- and lower-income workers and receives funding from some labor groups.
But the revisions would still strip OT pay for about 6 million workers, EPI said in a study released Tuesday.
"The 6 million number may be a little high, but I think the
analysis is the most complete," said Thomas Kochan, a management professor at MIT's Sloan School of Business.<snip>