To: U.S. Department of Labor
Fix overtime: Raise the overtime salary threshold to $50,440
Economic Policy Institute
We applaud and support the Department of Labor for proposing new protections for millions of low- and middle-income workers by increasing the overtime salary threshold from $23,660 to $50,440. If implemented, this rule change would guarantee an estimated 15 million more workers the right to receive the overtime pay they deserve.
In the face of opposition from Big Business and its unlimited financial resources, please do not back down from your position. The future of the American middle class depends on bold policy decisions such as this one.
In the face of opposition from Big Business and its unlimited financial resources, please do not back down from your position. The future of the American middle class depends on bold policy decisions such as this one.
Why is this important?
For over 30 years, wages in America have remained stagnant while productivity has increased and corporate profits have reached all-time highs. In order for more of those corporate profits to reach the pockets of workers, not just the wealthy few, we need updated rules governing worker protections such as overtime pay and the minimum wage.
In 1975, the overtime threshold covered over 60 percent of salaried workers. Today, only 8 percent are covered. Raising the salary threshold—below which all workers are guaranteed overtime pay—to $50,440 would raise the share of salaried workers covered significantly.
Earlier this year, EPI members delivered thousands of petition signatures urging the Department of Labor to increase the overtime salary threshold, and thanks to you we’re almost there.
The Department of Labor has opened a 60-day comment period and needs to hear from you!
Big Business is once again opposing common sense approaches to raising workers’ wages. It is demonizing this new rule and misrepresenting how it will positively impact the lives of workers and their families.
Millions of workers need our help! Tell the Department of Labor that we stand with them as they work to complete work on these new rules, which will Raise America’s Pay.
In 1975, the overtime threshold covered over 60 percent of salaried workers. Today, only 8 percent are covered. Raising the salary threshold—below which all workers are guaranteed overtime pay—to $50,440 would raise the share of salaried workers covered significantly.
Earlier this year, EPI members delivered thousands of petition signatures urging the Department of Labor to increase the overtime salary threshold, and thanks to you we’re almost there.
The Department of Labor has opened a 60-day comment period and needs to hear from you!
Big Business is once again opposing common sense approaches to raising workers’ wages. It is demonizing this new rule and misrepresenting how it will positively impact the lives of workers and their families.
Millions of workers need our help! Tell the Department of Labor that we stand with them as they work to complete work on these new rules, which will Raise America’s Pay.