Biden Administration Proposes Extending Overtime Protections to 3.6M More Workers
The Biden administration proposed a major expansion of federal overtime protections on Wednesday in a new rule that could hand a raise to millions of workers across the country ahead of Labor Day next week. The Department of Labor is proposing raising the threshold under which salaried workers are guaranteed overtime pay from its current level of $35,568 to $55,000 a year. Crucially...