OVERTIME PAY FOR CHRISTMAS
“Overtime Pay For Christmas” Since 1975, the share of employees who qualify for overtime pay has plummeted from 62% to 7% according to the Department of Labor. The solution? Under new rules announced by the Obama administration, 4.2 million American workers will become eligible for overtime pay effective December 1, 2016. Your new regulation double the current salary threshold for salaried employees who are guaranteed overtime pay from $23,660 ($455 per week) to $47,476 ($913 per week). Moreover, that threshold will increase over the next succeeding three years to ensure that it keeps up with inflation. As a Business People… Read More »OVERTIME PAY FOR CHRISTMAS