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The Biden administration raised that threshold to $43,888 beginning July 1, and that will rise to $58,656 on Jan. 1, 2025. That would grant overtime eligibility to about 4 million workers, the ...
(Reuters) -The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to 3.6 million salaried workers, going even further than an Obama-era rule that was ...
The U.S. Department of Labor rule will require employers to pay overtime premiums to workers who earn a salary of less than $1,128 per week, or about $58,600 per year, when they work more than 40 ...
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Department of Labor poster notifying employees of rights under the Fair Labor Standards Act. The Fair Labor Standards Act of 1938 29 U.S.C. § 203 [1] (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week.
United States labor law sets the rights and duties for employees, labor unions, and employers in the US. Labor law's basic aim is to remedy the " inequality of bargaining power " between employees and employers, especially employers "organized in the corporate or other forms of ownership association". [ 3 ]
Until it was rescinded in 2025, [1] [2] OFCCP also administered Executive Order 11246. That order prohibited contractors and subcontractors doing business with the federal government from discriminating in employment because of race, color, religion, sex, sexual orientation, gender identity, or national origin.
Others pointed to overtime proposals in the right-wing Heritage Foundation’s Project 2025, which analysts have suggested may see some workers losing their rights to it completely if the playbook ...