Obama Pushes To Expand Overtime Pay
Thursday, March 13, 2014
President Obama is directing the Labor Department to strengthen overtime pay for millions of workers. The move is meant to help salaried workers who may be expected to work more than 40 hours a week.
Currently, many businesses aren’t required to pay overtime to certain salaried workers if they earn more than $455 a week, a level that was set in 2004 and comes to roughly $24,000 a year.
Jared Bernstein, senior fellow at the nonpartisan Center on Budget and Policy Priorities, discusses the presidential memorandum with Here & Now’s Robin Young.