The proposed rule would lift the salary threshold for overtime pay from $35,568 to $55,000.
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“Salaried Exempt” also shouldn’t exist.
This is the threshold they use as the cutoff for overtime pay. Originally the cutoff was $35,000 a year and then you wouldn’t have to pay any overtime if the salary is over that. This would require overtime pay for any salaried employees that are under $55,000 a year. It’s a good thing and it’s being used to come back practices that major retailers like Dollar general embrace.
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Remember when Obama did this exact thing and Trump just immediately undid it when he became president?
Salary threshold? I’m salaried. I don’t get overtime. Neither do a lot of other salaried people.
2x minimum wage for a 40 hour work week is the salary threshold. If you make less your employer is breaking the law. In California the salary threshold is currently $64,480.
I’m bad at math, but I’m pretty sure I make more than that. I live in Indiana. Minimum wage is sickeningly low. $7.25/hr.
That’s federal minimum wage. So it’s the $35,568 from the article which Biden is trying to raise to $55,000.
Do you make more than $35,568?
I do not. My job sucks and I deserve higher pay.
I’m really curious what you do where you are salaried with that low of a pay. Totally understand if you don’t want to share though.
Aww salaried people, not hourly
Hourly people already get these overtime pay protections
Imagine being told that you have to work for free because they deem you worked too many hours in a world where you can hardly make enough to pay for rent let alone buy a house.
“”“”“”“”““proposal””“”“”“”“”
Good luck. This isn’t going anywhere.
It was already done by Obama and then undone by Trump. It does not need congressional intervention.
that sounds an awful lot like not having gone anywhere.
It went somewhere, and came back. It was the law of the land for a brief time.
