Nightmare on Main Street -- Part 4: Overtime Rule Chases Salaried Workers into Hourly Jobs
Overtime Rule Chases Salaried Workers into Hourly Jobs
- As this RPC paper explains, the Administration’s plan to dramatically increase the salary threshold that triggers overtime pay will hurt both employers and their employees.
- While employers will likely see higher costs, workers will face reduced management opportunities, movement from salaried positions to hourly work, reduced hours, replacement of full-time with part-time work, and smaller base pay and benefits.