What Will Overtime Pay Mean For Retailers

Overtime Pay Changes For Retailers

 

A proposed new rule governing overtime pay will mean bigger paychecks for up to 5 million workers, Obama Retailer workingadministration officials said Tuesday.  Currently, certain salaried workers who make more than $23,660 cannot claim overtime; the proposed rule would raise that threshold to $50,440 per year for those workers now exempt from overtime benefits.

It could take months to finalize the proposed rule, which is now subject to a 60-day public comment period. Find out what the overtime pay change really means for retailers.  Retail Dive (7/7)

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