Thursday, April 25, 2024

New rule that would make millions of high-paid white-collar workers eligible for overtime pay

new rule that would make millions of white-collar workers newly eligible for overtime pay

Snippet of Article: "...Starting July 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay...The new standard could be legally challenged by industry groups that have argued that excessively raising the standard exceeds Labor’s authority and adds heavy regulatory and financial burdens or compliance costs."

Source: www.usatoday.com

Biden to Increase Pay For White Collar Workers, Biden Making the Wealthy Wealthier,