But unintended consequences could hurt workers and stall hiring.
Ryan McDevitt is an economics professor at the Fuqua School of Business at Duke University.
A new rule from the Department of Labor makes more than 4 million workers eligible for overtime pay for the first time, effective December 1. How does it work? Salaried workers who earn $47,476 or less a year— up from $23,660—and who work more than 40 hours a week must be paid overtime. People working 60-hour weeks will either be compensated for those hours or see a cutback in hours.
Diese Geschichte stammt aus der August 2016-Ausgabe von Kiplinger's Personal Finance.
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Diese Geschichte stammt aus der August 2016-Ausgabe von Kiplinger's Personal Finance.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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