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What is it specifically about his ordering a study about changing the rulea that you disagree with? Do you really even know what this EO was about?
He declared the current law outdated and directed the Sect'y of Labor to propose revisions.
This would affect executive, administrative and professional titles (white collar exempt jobs).
So it's not just fast food my friends.
Any white collar worker in any industry could see their pay change..even public sector which means your local taxes go up.
Any white collar worker in any industry could see their pay change..even public sector which means your local taxes go up.
Not true at all. It would raise the minimum to be excluded from overtime, which is like $24,000 now. Anybody above the new level if one actually is implemented would have no change. Right now anybody who makes over $455 a week can be denied overtime. If that level had risen with inflation from 1975 it would be at $970. Even if the new level is 970, people who earn more than 50K will still be excluded and have no change. You want people to earn money, but not pay them for what they are working?
Who was the last President to direct the Sect'y of Labor to change the rules for white collar jobs ?
I dont know but every president gives executive orders. Also this only affects people that are paid a low salary under 50 k a year. For example after college I took a job managing a group home. I got a salary of only 26000 dollars a year but I worked an average of 60 hours per week. My employees often got paid much more than me because they could work overtime at 12 dollars an hour. I had to be on call and work at all hours of the day and they had set schedules. How is that fair? Im the supervisor with a degree and they make more than me and get better work hours? This company took advantage of the salary to ridiculous levels.
He declared the current law outdated and directed the Sect'y of Labor to propose revisions.
This would affect executive, administrative and professional titles (white collar exempt jobs).
So it's not just fast food my friends.
Any white collar worker in any industry could see their pay change..even public sector which means your local taxes go up.
I hope so. $455 per week is an outdated standard.
Truthfully, I'd like it replaced by a formula. I'd favor basing it on minimum wage * 2 (base wage equiv s/b IMO 2x min to qualify) * 62.5 hours per week (as it should be assumed 55 hour wk would be norm, so to maintain aforementioned 2x ratio, the hourly 55 hr week would be at 62.5 hrs * min wage).
That would mean now 14.5 per hour (2x min base) * 62.5 hours (55 hr week plus 7.5 equiv hrs paid for OT) or $914.25 per week.
Now move it up automatically with all minimum wage changes.
$455 was fine in 1964. Not 2014.
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