The Traderszone Network

Published in TZ Latest News 30 June, 2015 by The TZ Newswire Staff

Obama to expand overtime eligibility for millions of workers

The Obama administration plans to raise the wages of millions of Americans who work more than 40 hours a week by requiring employers to pay them overtime. Workers who earn as much as $970 a week would have to be paid overtime even if they’re classified as a manager or professional, according to a plan outlined on the Department of Labor website Tuesday. The White House issued a fact sheet Tuesday that said 4.7 million workers nationwide would be affected within the first year.