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A federal judge in Texas on Friday permanently blocked a Biden administration rule that would have made about 4 million more salaried U.S. workers eligible for overtime pay. U.S. District Judge ...
The rule would have required employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they work more than 40 hours in a week ...
Trump had set the threshold at just $35,568 during his first term. Biden’s rule would push it to $58,656 next year, so that the threshold covers an estimated 4 million additional workers.
Today, overtime pay entitles workers to 1.5 times their regular wage for hours in excess of 40 they work in a week. ... the Obama administration issued new rules that raised the overtime threshold ...
The Biden administration proposed a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, the most generous such increase in decades. Labor advocates and ...
Starting July 1, employers of all sizes will be required pay overtime — time and a half salary after 40 hours a week — to salaried workers who make less than $43,888 a year in certain ...
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Most employers will have to make major changes to their workforces, if overtime rules change. | Opinion