The Iowa Federation of Labor, strongly supports the proposed changes in the overtime eligibility rules to restore the overtime protection workers have lost to inflation since 1975.
Under federal overtime regulations, workers who earn less than a certain salary level are generally entitled to overtime protection. The last regular adjustment to the salary level was made by President Ford in 1975. No further adjustments were made for the next 29 years.
The current federal threshold for overtime is $455 per week?or $23,660 per year. To simply make up for inflation, it should be raised to $51,168. Many workers who would benefit from restored overtime protection are employees at banks, Walmart, and fast food restaurants. Insurance clerks, secretaries, low-level managers, social workers, bookkeepers, dispatchers, sales and marketing assistants and employees in scores of other occupations would also benefit.
The Iowa Federation of Labor: representing the interests of nearly a quarter of a million Iowans who make Iowa work.
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