The Labor Department is expanding the number of workers eligible for overtime pay in the United States, revising the rule for the first time in a decade and a half.
The bureau has increased the income level of those considered salaried from about $24,000 per year to around $35,000 per year. Anyone making below that threshold is entitled to overtime pay.
The new rule will add more than a million employees to the pool of eligible overtime workers. The salary floor was last adjusted in 2004.