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Mon Jun 29, 2015, 09:18 PM

Obama To Unveil Plan To Bring Overtime Pay To 5 Million More Workers [View all]

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.



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