Obama Expands Overtime Pay to 4 Million More Workers—Do You Qualify?

White collar workers earning less than $47,476 a year will now be paid overtime. The current limit is $23,660 a year.
Petr Svab
Petr Svab
reporter
|Updated:

President Barack Obama announced an expansion of eligibility for overtime pay to include over 4 million more workers.

The Labor Department changed its regulations so that white collar workers earning less than $47,476 a year will be paid overtime. The current limit is $23,660 a year.

Obama asked the department to change the rules in a memorandum signed in March 2014.

President Barack Obama, center, surrounded by supporters of the president's memorandum, signs a Presidential Memorandum directing Labor Secretary Tom Perez to modernize overtime protections, on March 13, 2014, in the East Room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)
President Barack Obama, center, surrounded by supporters of the president's memorandum, signs a Presidential Memorandum directing Labor Secretary Tom Perez to modernize overtime protections, on March 13, 2014, in the East Room of the White House in Washington. AP Photo/Pablo Martinez Monsivais
Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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