Obama Making Millions More Americans Eligible for Overtime

July 1, 2015
robomayor
HR and Staffing
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President Obama announced Monday night a rule change that would make millions more Americans eligible for overtime pay. And Cannabis Business Executives need to be well aware of the effects that this rule change may have on their workforce compensation line items.

The rule would raise the salary threshold below which workers automatically qualify for time-and-a-half overtime wages to $50,440 a year from $23,660, according to an op-ed article by the president in The Huffington Post.

“Right now, too many Americans are working long days for less pay than they deserve,” the president wrote. Read More at the NY Times

Rob Meagher

Rob Meagher, CBE’s Founder, President and Editor-in-Chief is a 30 year veteran of the media world. His career has spanned from stints representing the Washington Post, USA Weekend, Reader’s Digest, Financial World & Corporate Finance to the technology world where he worked at International Data Group and Ziff Davis where he was part of the launch team for The Web Magazine, Yahoo Internet Life, Smart Business and Expedia Travels before starting his own marketing and Publisher’s Representative Firm. He also ran all print and online media sales and marketing for the Society for Human Resource Management before partnering with Forbes and then Fortune to create Special Sections covering a variety of topics. Rob, who started CBE Press in 2014, can be contacted at [email protected].

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