The Wall Street Journal: Overtime Rules Seen Boosting Low-Wage Hiring

The Obama administration’s overtime rule may lead to an increase in low-paid workers entering the workforce, according to a Wall Street Journal article.

Read the original at 1851 Franchise
The Wall Street Journal: Overtime Rules Seen Boosting Low-Wage Hiring

TL;DR

The Obama administration's overtime rule may lead to an increase in low-paid workers entering the workforce, with about 4.6 million more American workers eligible for overtime. The proposal would raise the salary cap to $50,400 for salaried employees.

The Obama administration’s initiative to raise the number of hours Americans must work in order to be eligible for overtime pay may lead to an increase in low-paid workers entering the workforce.

That’s according to a Wall Street Journal article which took a look at the potential impact of the initiative. The proposal would make about 4.6 million more American workers eligible for overtime and raise the salary cap nearly double to $50,400 for salaried employees.

“It’s going to be a balance between how many inexperienced, entry-level workers you can bring in versus the need to maintain a high level of guest service,” MOOYAH Burgers, Fries & Shakes COO Michael Mabry told the Wall Street Journal, adding that the rule change would alter their current structure of operating with a smaller number of more experienced employees.

The rule change is not expected to go into effect until next year following a public comment period.

Brian Jaeger is a Vice President of Media Relations at No Limit Agency. Brian joined No Limit Agency after seven years working for local television news stations in Florida, four years at WCJB in Gainesville and three years at Bay News 9, the 24-hour local news station in the Tampa Bay area. Brian is a graduate of the University of Florida, where he studied journalism and telecommunications.

He brings a journalist’s viewpoint to the public relations field, and when he’s not busy telling the stories of No Limit Agency's brands, you can find him writing, on a karaoke stage, or cheering on the Gators.

In this story

This story was originally published in 1851 Franchise on July 30, 2015. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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