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| Obama Is Bringing Overtime Pay To Millions Of Workers; The reform is one of the most consequential of his whole tenure. | |
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| Tweet Topic Started: May 18 2016, 10:24 AM (239 Views) | |
| Dem4life | May 18 2016, 10:24 AM Post #1 |
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http://www.huffingtonpost.com/entry/obama-overtime-pay_us_5727b961e4b0bc9cb0442db9 |
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| Dem4life | May 18 2016, 10:25 AM Post #2 |
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The Labor Department announced Tuesday that it completed one of the most ambitious economic reforms of the Obama era, finalizing a new rule that will extend overtime protections to millions of additional workers. The administration will accomplish that by raising what’s known as the overtime salary threshold. Nearly all workers earning salaries beneath that threshold are entitled to time-and-a-half pay whenever they work more than 40 hours in a week. The current threshold is just $23,660. The White House will be doubling that number, to $47,476, guaranteeing overtime rights for salaried workers earning less than that. The Labor Department will now update the threshold every three years to make sure it keeps pace with inflation. The White House estimates that the change will bring overtime rights to 4.2 million workers who are currently excluded. It will also clarify eligibility for another 8.9 million workers who may or may not have overtime protections under the current rules, officials said. On a call with reporters Tuesday, Labor Secretary Tom Perez said the reform was meant to address “both underpay and overwork.” “The overtime rule is about making sure middle-class jobs pay middle-class wages,” Perez said. “Some will see more money in their pockets … Some will get more time with their family … and everybody will receive clarity on where they stand, so that they can stand up for their rights.” |
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| Dem4life | May 18 2016, 10:26 AM Post #3 |
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It really is too bad he can't run for a third term... |
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| mysysail | May 18 2016, 10:47 AM Post #4 |
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Global_Hick
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Indeed, and not only because of the economy. |
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| coverpoint | May 18 2016, 10:52 AM Post #5 |
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How can he do such a thing after receiving all those corporate contributions? I thought he was a “puppet” of big business? |
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| Robertr2000 | May 18 2016, 10:55 AM Post #6 |
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Well I am a Salaried "worker" and I make...... substantially, more than $47,476. what about me? Why the discrimination?
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| "if that **** wins we'll all hang from nooses" | |
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| coverpoint | May 18 2016, 11:01 AM Post #7 |
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You are already covered by the time-and-one-half overtime rule. Don't you get time-and-one-half when you work over 40 hours a week? If not, you should contact the Department of Labor. |
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| Robertr2000 | May 18 2016, 11:02 AM Post #8 |
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No, I am Salaried. But then I do not punch a clock. Edited by Robertr2000, May 18 2016, 11:03 AM.
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| "if that **** wins we'll all hang from nooses" | |
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8:35 PM Jul 10