Commentary: Federal judge invalidates overtime rule that threatened millions of workers and employers
- Posted on November 21, 2024
- By Bing News
- 1 Views
Commentary: Federal judge invalidates overtime rule that threatened millions of workers and employers
Employers and workers may not realize it, but they just dodged a bullet. They can thank a federal judge in Texas who just tossed out a Biden administration rule that tried to increase the salary threshold for overtime pay by 65%, from $35,568 to $58,656 per year (a range that includes about 12 million workers). That new threshold would have exceeded the earnings of more than 70% of workers in ...