Overtime Pay For Millions of Americans in Peril: "The Bush administration has touted the new overtime rules as a long overdue update of the Fair Labor Standards Act of 1938, pointing out that they would extend overtime pay eligibility to an estimated 1.3 million low-income workers.
Under federal law, hourly employees are entitled to time-and-a-half pay (150 percent of the normal rate) if their work week extends beyond 40 hours.
But a study last year by the Economic Policy Institute (EPI), a non-partisan Washington think tank, found the new rules would also remove overtime pay protection from some eight million workers by reclassifying them as executives, professionals"
- posted by geoff @ #