The Labor Departmentproposed their long-awaited new overtime rule that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court. The new rule would require employers to pay overtime to so-called white-collar workers who make less than $55,000 a year. That's up from the current threshold of $35,568 which has been in place since 2019 when the Trump administration raised it from $23,660. In another significant change, the rule proposes automatic increases to the salary level each year. The new threshold is lower than many business groups anticipated and in fact, a group of Democratic lawmakers had urged the Labor Department to raise the salary threshold to $82,732 by 2026, in line with the 55th percentile of earnings of full-time salaried workers. The proposed rule is subject to a 60-day public comment period before it is final and almost certainly will be the subject of litigation from the business community.
Connect with the NvRA
Copyright Nevada Restaurant Association. All Rights Reserved. Las Vegas Office: 2320 Paseo Del Prado, Bldg-B, Ste 103 | Las Vegas, NV 89102 Reno Office: 401 Ryland | Reno, NV 89502 Phone: (702) 878-2313 | email@example.com | sitemap