President Obama and Secretary Perez announced that the Department of Labor’s final rule will automatically extend overtime pay eligibility to 4.2 million workers. The rule will entitle most salaried white collar workers earning less than $913 a week ($47,476 a year) to overtime pay. This long-awaited update will provide a meaningful boost to workers, and it will go a long way toward realizing President Obama’s commitment to ensuring every worker is compensated fairly for their hard work.
Click to read the full overview: https://www.dol.gov/sites/default/files/overtime-overview.pdf
Click to read the Overtime Factsheet: https://www.dol.gov/WHD/overtime/final2016/overtime-factsheet.htm