But unintended consequences could hurt workers and stall hiring.
Ryan McDevitt is an economics professor at the Fuqua School of Business at Duke University.
A new rule from the Department of Labor makes more than 4 million workers eligible for overtime pay for the first time, effective December 1. How does it work? Salaried workers who earn $47,476 or less a year— up from $23,660—and who work more than 40 hours a week must be paid overtime. People working 60-hour weeks will either be compensated for those hours or see a cutback in hours.
Bu hikaye Kiplinger's Personal Finance dergisinin August 2016 sayısından alınmıştır.
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Bu hikaye Kiplinger's Personal Finance dergisinin August 2016 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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