More American workers would qualify for overtime with a plan President Barack Obama is proposing.
Right now, any salaried employee paid more than $455 a week – or about $23,600 a year – can be called a “manager” and doesn’t have to be paid overtime.
The president wants salaried employees earning up to about $50,400 to be able to earn overtime.
Obama says the current limit is low and undercuts the intent of the overtime law.
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