Edit: New overtime rules needed
In the Moscow-Pullman Daily News, editorial writer Anthony Kuipers comments:
The new overtime rule the Obama administration ushered in last week is a long time coming. Beginning Dec. 1, most workers will have to be paid $47,500 or more before companies can declare them exempt from overtime pay. That’s twice as high as today. According to Vice President Joe Biden, 60 percent of salaried workers qualified for overtime in 1975 based on their income. That number has dropped to 7 percent. It will take a lot of figuring out, as employers sift through the new rules and determine whether to reduce hours, switch salaried workers to hourly or go ahead and pay the time-and-a-half wages for those who work more than 40 hours. More here.
Question: Do you support the new overtime rule ushered in by the Obama administration?
* This story was originally published as a post from the blog "Huckleberries Online." Read all stories from this blog