Job creators must pay overtime; will you hail Obama?

Legion Troll

Legion Troll

A fine upstanding poster
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Every week, millions of Americans work more than 40 hours a week but do not receive the overtime pay they have earned.

Tomorrow, the Department of Labor will be finalizing a rule to fix that by updating overtime protections for workers.

In total, the new rule is expected to extend overtime protections to 4.2 million more Americans who are not currently eligible under federal law, and it is expected to boost wages for workers by $12 billion over the next 10 years.

President Obama wrote this message to petition signers to announce that the Department of Labor will be finalizing a rule that expands overtime pay to millions of American workers.

I wanted you to be the first to know about some important news on an issue I know you care deeply about: making sure you're paid fairly.

Tomorrow, we're strengthening our overtime pay rules to make sure millions of Americans' hard work is rewarded.

If you work more than 40 hours a week, you should get paid for it or get extra time off to spend with your family and loved ones.



https://www.whitehouse.gov/blog/2016/05/17/email-president-obama-ive-got-news-you-overtime
 
Key Provisions of the Final Rule

The Final Rule focuses primarily on updating the salary and compensation levels needed for Executive, Administrative and Professional workers to be exempt. Specifically, the Final Rule:

Sets the standard salary level at the 40th percentile of earnings of full-time salaried workers in the lowest-wage Census Region, currently the South ($913 per week; $47,476 annually for a full-year worker);
Sets the total annual compensation requirement for highly compensated employees (HCE) subject to a minimal duties test to the annual equivalent of the 90th percentile of full-time salaried workers nationally ($134,004); and
Establishes a mechanism for automatically updating the salary and compensation levels every three years to maintain the levels at the above percentiles and to ensure that they continue to provide useful and effective tests for exemption.

Additionally, the Final Rule amends the salary basis test to allow employers to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10 percent of the new standard salary level.

The effective date of the final rule is December 1, 2016. The initial increases to the standard salary level (from $455 to $913 per week) and HCE total annual compensation requirement (from $100,000 to $134,004 per year) will be effective on that date. Future automatic updates to those thresholds will occur every three years, beginning on January 1, 2020.


https://www.dol.gov/whd/overtime/final2016/
 
While many McDonalds etc. managers just got a raise in pay, they're still going to be working 70 to 90 and more hours a week. And I still wouldn't do that for $23,000 or $46,000 a year. Many can't afford not to. Now whine about the lack of personal service in those places!!!!!!!! You can only pretend to a point.
 
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