President Obama on March 13 ordered the U.S. Department of Labor to propose rules to “update and modernize America’s overtime pay system, so that millions of our nation’s salaried workers will have the protections of overtime pay.”
The process, which will take months, could make overtime pay available to moreemployees who are now considered exempt under the Fair Labor Standards Act ( ).
Currently, executive, administrative and professional employees are exempt from the FLSA’s overtime pay requirements if they earn more than $455 per week. The administration will likely move to raise that bar, making as many as 3.1 million more low-paid supervisors eligible for overtime.
“This is part of President Obama’s promised ‘year of action’ and part of his plan to solve income inequality in America,” said Greg Guidry, of the Onebane Law Firm in Louisiana. “The good news for employers is that the directive will require ad...(register to read more)