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Biden administration to raise overtime thresholds for salaried workers
04/09/2023
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Benjamin Franklin on a 100 US dollars bill
iStock.com/Aleksandr_Vorobev
Authors

Josh Stephens, Reporter

Millions more salaried workers are set to receive overtime protections under a new proposed rule change announced by the US Department of Labor late last week.

The rule change would guarantee overtime pay for most salaried workers earning less than $1,059 (£840) per week, or $55,000 (£43,000) per year.

Salaried workers who earn above that threshold may still be eligible for overtime pay if they do not primarily perform management-related duties.

The rule would not affect overtime eligibility for workers who are paid hourly.