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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.
The current salary threshold of about $35,500 per year was set ... The U.S. Department of Labor rule will require employers to pay overtime premiums to workers who earn a salary of less than ...
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 ...
News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. For premium support please call: ... In 2016, the Obama administration issued new rules that raised the overtime threshold to $47,476 ...
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A Wells Fargo & Co employee filed a lawsuit on Thursday accusing the bank of depriving hundreds of its U.S. branch workers of overtime pay, as the bank faces an unprecedented campaign to unionize ...