Obama to expand overtime eligibility for millions of workers

The Obama administration plans to raise the wages of millions of Americans who work more than 40 hours a week by requiring employers to pay them overtime. Workers who earn as much as $970 a week would have to be paid overtime even if they’re classified as a manager or professional, according to a plan outlined on the Department of Labor website Tuesday. The White House issued a fact sheet Tuesday that said 4.7 million workers nationwide would be affected within the first year.

Obama to expand overtime eligibility for millions of workers source: http://finance.yahoo.com/news/obama-expand-overtime-eligibility-millions-104703937.html