U.S. Labor Department Moves to Revise Overtime Rule

July 05, 2017

The U.S. Department of Labor has signaled that it may move to scale back the Obama-era rule expanding overtime eligibility that has been on hold for months. On June 27, the department sent a formal request for information on the rule to the Office of Management and Budget. Once OMB reviews the request and it’s published, the public will have a chance to submit comments on the rule, which would more than double the salary at which employees must be paid overtime—from $23,660 to about $47,500.

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