New Overtime Pay Rules Announced By Obama Administration

Overtime pay protections will be extended to over 4 million workers within the first year of its implementation if President Obama and Labor Secretary Perez’s publication of the U.S. Department of Labor’s final rule on overtime regulations becomes effective. Dixie Johnson, CEO of the Sheridan County Chamber of Commerce, said that the new rules primary focus is to update the level at which a salaried full time employee would be considered exempt from compensation for over 40 hours of work per week.

Johnson said that they originally wanted to raise the threshold for exemption more than the final rule.

This new rule will change the definition of a “salaried” worker.

Johnson also said that some disagree with the rule and will try to stop it from being implemented as is.

If this rule is implemented, the standard salary level will go from $455 to $913 per week.