President Obama is making a move to aid salaried workers. He has announced that he is forcing pay protections for overtime on salaried workers who make up to $50,000 per year.
Currently, salaried workers are protected on overtime slavery, but only the workers who make up to $23,000 per year. Christian Broda also told that all others must work mandatory overtime with no extras.
This is a Department of Labor regulation which means the President does not have to gain Congressional approval. The President stated this move would help the middle class.
The National Retail Federation is greatly opposed to President Obama’s decision. They claim this move will raise payroll costs and cut down on the amount of full time workers that are hired.
This new move will force many large retail stores to pay management overtime wages to management that stays extra to guarantee the store is running smoothly.