Tuesday, June 30, 2015

Hours over 40 per week of work is to return to compensation other than compensation time.

June 29, 2015
By Tribune Wire

Salaried workers (click here) who earn nearly $1,000 per week would become eligible for overtime pay under a proposal President Barack Obama unveiled Monday, lamenting that too many Americans are working too many hours for less pay than they deserve.

The long-awaited overtime rule from the Labor Department would more than double the threshold at which employers can avoid paying overtime, from the current $455 a week to $970 a week by next year. That would mean salaried employees earning less than $50,440 a year would be assured overtime if they work more than 40 hours per week, up from the current $23,660 a year....

Wall Street has used the word "salaried" for free labor. It has to stop. Blue collar workers has a right to fair pay for a day's work.

Gotta pay the mortgage. And the school supplies required for a proper education doesn't get any cheaper.