An additional 1.3 million U.S. workers will be eligible for overtime pay in 2020 when the annual salary threshold will rise to $35,568 from $23,660
More workers will qualify for overtime in the new year under the first federal overhaul of requirements in more than 15 years, an update businesses are taking in stride but that is leaving some workers frustrated they won’t see bigger paychecks.
An additional 1.3 million U.S. workers will be eligible for overtime pay, or one-and-a-half times their hourly rate when they log more than 40 hours in a week, starting Jan. 1, the Labor Department said. The annual salary threshold—below which nearly all workers qualify for overtime—will...
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