this post was submitted on 22 Nov 2024
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Around 4 million people affected.
Being salaried sucks when they require long hours and pay is low. You can get a promotion and your pay per hour will plummet.
"(Biden's) rule, proposed last year, would raise the existing income threshold for many workers to qualify for extra pay for hours beyond the 40-hour week under the Fair Labor Standards Act. Right now, that threshold is only around $35,000 per year. The rule would raise it to around $58,000."