Biden's Proposed Rule Expands Overtime Pay to Millions of Workers

The Biden administration has proposed a new rule to extend overtime pay to an additional 3.6 million salaried white-collar workers in the United States. The rule would raise the threshold for overtime eligibility to benefit workers earning less than $55,000 a year, boosting wages for many in low-wage but salaried occupations. It also includes automatic updates to the salary level every three years based on wage data. The proposed change aims to benefit vulnerable workers, including women, people of color, and those without college degrees. The rule, which resurrects an Obama-era policy, is part of the Biden administration's efforts to rebuild the middle class and faces opposition and potential legal challenges from industry trade groups. The rule is now open for a 60-day comment period before finalization.