Need a raise? Don't ask your boss; ask Obama. On Tuesday, the White House initiated motions to reform overtime pay laws via executive action, which, if successful, could result in a sizable pay bump for millions of Americans.
As overtime laws stand now, certain categories of workers are excluded from the monetary benefits of working long hours, such as highly compensated executives and professionals. Additionally, there exists a "threshold" salary for receiving overtime — anyone who makes less than the predetermined annual income (currently $23,660) is automatically entitled to overtime, regardless of management status. In these conditions, many companies are able to skirt paying their low-salaried employees by calling them a manager, even if they are stocking groceries for $24,000 a year for 80 hours a week.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'Make legal immigration a more plausible option'Instant Opinion Opinion, comment and editorials of the day
-
LA-to-Las Vegas high-speed rail line breaks groundSpeed Read The railway will be ready as soon as 2028
-
Israel's military intelligence chief resignsSpeed Read Maj. Gen. Aharon Haliva is the first leader to quit for failing to prevent the Hamas attack in October
-
Ukraine cheers House approval of military aidSpeed Read Following a lengthy struggle, the House has approved $95 billion in aid for Ukraine and Israel
-
Poland, Germany nab alleged anti-Ukraine spiesSpeed Read A man was arrested over a supposed Russian plot to kill Ukrainian President Zelenskyy
-
Israel hits Iran with retaliatory airstrikeSpeed Read The attack comes after Iran's drone and missile barrage last weekend
-
Peter Murrell: Sturgeon's husband charged over SNP 'embezzlement' claimsSpeed Read SNP expresses 'shock' as former chief executive rearrested in long-running investigation into claims of mishandled campaign funds
-
Mark Menzies: Tories investigate MP after 'bad people' cash claimsSpeed Read Fylde MP will sit as an independent while party looks into allegations he misused campaign funds on medical expenses and blackmail pay-out
-
Why Johnson won't just pass Ukraine aidSpeed Read The House Speaker could have sent $60 billion in military aid to Ukraine — but it would have split his caucus
-
Sudan on brink of collapse after a year of warSpeed Read 18 million people face famine as the country continues its bloody downward spiral
-
Trump's first criminal trial starts with jury picksSpeed Read The former president faces charges related to hush money payments made to adult film star Stormy Daniels
