Wait a minute! I was looking around at the DOL website, and they have actually RAISED the maximum amount you can make and still receive government required overtime compensation. They approximate that 1.3 million people will now receive 1.5 time overtime pay who were not required to receive it before. And, employers can decide to pay overtime even if people make more than this maximum - they just aren't required to do so.
http://www.dol.gov/_sec/media/speeches/541_Side_By _Side.htm
I assume that you qualify as a "Learned Professional Employee" Therefore, under DOL regulations, if you made less than $170/week then you did qualify for overtime under previous law. If you now make less than $425 a week then you will qualify for overtime under the new law. Wait a minute! People who didn't qualify before now do?!?!? And this law only dictates who must by law be paid overtime. If your employer wants to pay you overtime, the government won't stop them.
Check out the DOL website instead of the biased media spin...
http://www.dol.gov/_sec/media/speeches/541_Side_By _Side.htm
Slashdot Mirror
Wait a minute! I was looking around at the DOL website, and they have actually RAISED the maximum amount you can make and still receive government required overtime compensation. They approximate that 1.3 million people will now receive 1.5 time overtime pay who were not required to receive it before. And, employers can decide to pay overtime even if people make more than this maximum - they just aren't required to do so. http://www.dol.gov/_sec/media/speeches/541_Side_By _Side.htm
I assume that you qualify as a "Learned Professional Employee" Therefore, under DOL regulations, if you made less than $170/week then you did qualify for overtime under previous law. If you now make less than $425 a week then you will qualify for overtime under the new law. Wait a minute! People who didn't qualify before now do?!?!? And this law only dictates who must by law be paid overtime. If your employer wants to pay you overtime, the government won't stop them. Check out the DOL website instead of the biased media spin ...
http://www.dol.gov/_sec/media/speeches/541_Side_By _Side.htm