The Biden administration on Tuesday announced a new rule that would make millions of white-collar workers newly eligible for overtime pay.
Starting July 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay to $43,888 from the current $35,568. That change would make an additional 1 million workers eligible to receive time-and-a-half wages for each hour they put in beyond a 40-hour week.
On January 1, the threshold would rise further to $58,656, covering another 3 million workers.
“This rule will restore the promise to workers that if you work more than 40 hours in a week, you should be paid for that time,” Acting Labor Secretary Julie Su said in a statement. “So often, lower-paid salaried workers are doing the same job as their hourly counterparts but are spending more time away from their families for no additional pay. This is unacceptable.”
Yeah, but this is about “management” and 58k is pretty much the average for McDonald’s managers.
https://www.indeed.com/cmp/McDonald’s/salaries/General-Manager
Is it better than nothing?
Absolutely.
But there’s still a shit ton of management jobs under the cutoff.
I mean, it’s says right there it’s only the bottom 35%…
That leaves about two thirds of managers not getting overtime.
But Everytime people argue for means testing as a temporary measure, I can’t help but think about that’s what’s been happening with universal healthcare for longer than Joe Biden has been alive.
It never works out, eventually we get just enough that there’s no longer enough pressure to get it for everyone.
It’s a flawed strategy, that’s not an opinion, it’s a factual analysis of the last century…