overtime pay for salaried employees
the obama administration has announced plans to require overtime pay for salaried employees who earn less than $ 50440 a year despite the fact that economic research shows that employers will offset new overtime costs by lowering base salariesncreasing the salary threshold to $ 50440 a year would force employers to pay salaried employees with moderate incomes overtime no matter their job duties the administration and its allies argue that mandatory overtime rates will raise the earnings of 5 million salaried employees