OPINION: Overdue change in overtime pay

| May 23, 2016

more money

For most people, a salaried job paying $25,000 a year is far from exceptional. It corresponds to an hourly wage of roughly $14, which isn’t enough to live on in many pricey metro areas.

But, according to existing federal labor rules, a $25,000 job can be classified as managerial or given another designation that exempts it from overtime pay. That’s why the Obama administration moved this week to change those rules.

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1 Comment on "OPINION: Overdue change in overtime pay"

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  1. Ken says:

    Check you math. $25,000.00 a year is not $14.00 a hour.