New Overtime Rule to Affect Millions
Photo courtesy of greensfelder.com
Under a new rule signed by the White House last month, millions of workers will now become eligible for overtime pay beginning December 1, 2016.
The final rule will:
- Raise the salary threshold indicating eligibility from $455/week to $913 ($47,476 per year), ensuring protections to 4.2 million workers.
- Automatically update the salary threshold every three years, based on wage growth over time, increasing predictability.
- Strengthen overtime protections for salaried workers already entitled to overtime.
- Provide greater clarity for workers and employers.
Read about the new overtime rule in more detail here.
The post New Overtime Rule to Affect Millions appeared first on Downtown Sacramento Partnership.
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