Democrats generally support the Obama administration's push to boost the number of workers eligible for overtime pay.
But some in the president's party seem to think the administration was moving too fast when the U.S. Department of Labor published a rule that would more than double the minimum salary threshold at which an employee may be exempt from overtime pay, from $23,700 to $47,476. Unless Congress acts, that rule will take effect Dec. 1.
Four moderate and conservative Democrats in the House of Representatives have introduced a bill to phase in the overtime rule over the next three years. Under their legislation, the salary threshold would jump to only $36,000 at the end of this year, and then gradually rise to $47,700 by the end of 2019.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
