Zach Barber worked over 50 hours a week for an environmental nonprofit, receiving no overtime compensation. Despite now qualifying for overtime under new rules, his raise was offset by increased health insurance costs.
Beginning July 1, 2024, the new overtime pay threshold will increase to $43,888, and eventually to $58,656 by 2025, potentially benefiting millions of workers.
Despite the new rules aimed at extending overtime eligibility, conservative courts pose a substantial threat to the implementation of these changes, echoing past legal battles during the Obama administration.
Over the last half-century, inflation has significantly reduced the proportion of salaried workers guaranteed overtime pay, with current regulations struggling to keep pace with economic changes.
Collection
[
|
...
]