Exact(4)
The administration said this threshold would guarantee overtime eligibility to 1.3 million workers who do not now receive it.
Mr. Lefkoe, who heads his own consulting firm, says there is an answer to the basic labor‐related problems of the construction industry: shortages of skilled manpow er; excessive absenteeism and turnover; escalating wage rates; the need to guarantee overtime to obtain skilled craftsmen and others.
On Monday, the White House unveiled a major reform that should guarantee overtime coverage for salaried workers earning less than $50,440 per year.
It also says the changes in the rules would guarantee overtime protection for an estimated 1.3 million more low-income, white-collar workers.
Similar(56)
"If your salary is even a dollar above the current threshold, you may not be guaranteed overtime.
The overtime fight revolves around plans by the Department of Labor to issue regulations updating the Fair Labor Standards Act, the 1938 law that guarantees overtime pay to certain employees who work more than a 40-hour week.
Under current law, workers earning $8,000 or less are guaranteed overtime; the administration would raise that threshold to $22,100, a move White House officials say would make 1.3 million more low-wage workers eligible for overtime.
The National Domestic Workers Alliance, which was formed only four years ago, has already got the state of New York to adopt America's first bill of rights for people working in family homes, guaranteeing overtime pay, protection from discrimination and harassment, a minimum of one day's rest a week and a minimum of three days' paid leave a year not much, but better than nothing.
Under the previous rule, only workers earning less than $23,660 were guaranteed overtime rights.
That means any salaried worker earning less than that amount in a year would be guaranteed overtime eligibility.
Where the threshold is set will ultimately determine how much of the middle class is guaranteed overtime pay.
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