Obama To Unveil Plan To Bring Overtime Pay To 5 Million More Workers

[applegrove]

Obama To Unveil Plan To Bring Overtime Pay To 5 Million More Workers

by Dave Jamieson at the Huffington Post

http://www.huffingtonpost.com/2015/06/29/obama-overtime_n_7536928.html?utm_hp_ref=politics

"SNIP..............


WASHINGTON -- President Barack Obama this week will propose a plan to extend overtime pay to 5 million American workers who are currently excluded under federal law, according to sources.

The president will recommend updating overtime rules so that salaried workers who earn less than roughly $50,400 per year would be guaranteed time-and-a-half pay when they work more than 40 hours in a week. Under the current rules implemented by former President George W. Bush, salaried workers must earn less than $23,660 per year in order to be automatically eligible for overtime pay.

The president announced his intention to make overtime reforms last year, but the details of the plan have been kept secret until this week. The president is expected to discuss the proposal later this week during a visit to Wisconsin. Details of the proposal were first reported by Bloomberg.

With heavy lobbying by business groups, many progressives feared the White House would recommend only modest changes, thereby impacting relatively few workers and employers. Instead, the White House has proposed a substantial reform that has the potential to change pay and scheduling for millions of people.



..............SNIP"

[Cha]

1. "We have details on the overtime rule, "most sweeping policy undertaken by the president to assist

middle class." Boom!

http://www.politico.com/story/2015/06/obama-overtime-rule-wage-raise-119566.html?hp=t1_r

Sorry, I just like that headline, apple.. thank you for this report~

[applegrove]

2. Always feel free to add Cha. The more Intel the better.

[Cha]

4. thank you!

[flamingdem]

3. woo hoo Cha

This will make a lot of love flow Obama's way

[Cha]

5. President is on a roll, flamingdem!

Obama reinventing the Lame Duck..



Rex http://www.democraticunderground.com/?com=view_post&forum=1002&pid=6910730

[flamingdem]

6. Luvs that Lame Duck!

The Rock Obama has emerged and has come to stay. And he just won the Civil War again

Ciao Confederate Flag, I so love that..

[Cha]

7. Rock Obama!

Yeah he did.. brilliant observation!

[Rex]

14. Mighty duck goes mighty.

Obama got the 'lame duck' memo from the GOP, laughed, threw it in the trash and went out with his family for burgers.

[Cha]

15. Yeah, I've been posting that "Lame Duck" of yours around and giving you a hattip, of course!

[davidn3600]

8. This is something that is heavily needed in food service, retail, and hospitality

For example, in many hotels over the years, they've cut back on hourly employee hours and expect the salaried assistant manager to cover the hours cut..essentially for free. Therefore the company lowers their labor costs. With these rules the company would now have to bring the salaried manager's hours down to 40 and increase the hourly workers. Otherwise they'd pay a premium in overtime.

Although I imagine most businesses will just cut the manager's hours and hire a few extra part-timers to pick up the slack. But at least employers won't be able to cheat people out of OT.

[geek tragedy]

9. This is a BFD. The president can't do many things

unilaterally to raise wages. This is one of them.

Note:

With heavy lobbying by business groups, many progressives feared the White House would recommend only modest changes, thereby impacting relatively few workers and employers. Instead, the White House has proposed a substantial reform that has the potential to change pay and scheduling for millions of people.

[Rex]

10. But but but...lame duck...impeach...er...Benghazi?

Mighty duck goes mighty.

[Stellar]

11. All of the above and still - - - FAIL!

or, maybe President doesn't know he's supposed to be on lame duck status. I'm loving it!

[Rex]

13. I don't think he got the MEMO! If he did, he sure as hell ain't following along.

[bettyellen]

12. Well that's super corporatist of him, amiright? And it was a "secret plan" too!!!!

[Spazito]

16. Wow, that's awesome...

He keeps pulling out goodies out of his goody bag for the American people, the goody bag the repubs thought was 'lame duck' empty!

[TheKentuckian]

17. Awesome initiative! Lots of people getting dogged out for peanuts under the current farce.