Thursday, February 25, 2016

Proposed Overtime Rules May Have Big Impact on Higher Ed - Ellen Wexler, Inside Higher Ed

The Obama administration's proposed rules would extend overtime protections to millions -- including many postdocs and other employees in higher ed. Would the plan provide overdue relief or be a financial disaster for colleges and universities? President Obama has announced a proposal that would raise the salary threshold to exemption from overtime $50,440. If the change goes through, white-collar workers making less than $50,440 will be guaranteed overtime pay if they put in more than 40 hours a week. In higher education, the change would reclassify thousands of workers across the country. Colleges would be required to pay these professionals for any time worked over 40 hours a week -- or else raise their salaries significantly to get over $50,440.

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