Obama planning overtime pay expansion for millions of workers
Mar 12,2014 - President Barack Obama is taking advantage of another way to make life better for millions of workers by revamping overtime regulations, Michael Shear and Steven Greenhouse report. This is something the president can do without Congress, through the Department of Labor's responsibility for setting the rules carrying out the Fair Labor Standards Act.
Under the new rules that Mr. Obama is seeking, fewer salaried employees could be blocked from receiving overtime, a move that would potentially shift billions of dollars’ worth of corporate income into the pockets of workers. Currently, employers are prohibited from denying time-and-a-half overtime pay to any salaried worker who makes less than $455 per week. Mr. Obama’s directive would significantly increase that salary level.
In addition, Mr. Obama will try to change rules that allow employers to define which workers are exempt from receiving overtime based on the kind of work they perform. Under current rules, if an employer declares that an employee’s primary responsibility is executive, such as overseeing a cleanup crew, then that worker can be exempted from overtime...