Biden Overtime Rule Benefits Millions Of Salaried Workers

The Biden administration has finalized a new rule set to make millions more salaried workers eligible for overtime pay in the US, reported Wyatte Grantham-Philips for the Associated Press (AP).

Starting July 1, employers will be required to pay overtime to salaried workers who make less than $43,888 a year in certain executive, administrative, and professional roles.

The move marks the largest expansion in federal overtime eligibility seen in decades.

Starting July 1, employers will be required to pay overtime to salaried workers who make less than $43,888 a year in certain executive, administrative, and professional roles, the Labor Department said.

That cap will then rise to $58,656 by the start of 2025.

“Too often, lower-paid salaried workers are doing the same job as their hourly counterparts but are spending more time away from their families for no additional pay. That is unacceptable,” acting Secretary of Labor Julie Su said in a prepared statement.

She added that the administration was “following through on our promise to raise the bar.”