Final Overtime Rule Clears Regulatory Review, Teeing Up Release

The White House budget office has cleared a US Labor Department rule expected to expand overtime pay protections to millions more workers, signaling it will soon be released to the public.

The Office of Management and Budget completed its review of the overtime rule (RIN: 1235-AA39) on April 10, according to its website.

The rule, proposed by the Wage and Hour Division last August, would update exemption thresholds for overtime eligibility under the Fair Labor Standards Act so that salaried workers making roughly $55,000 annually would be automatically owed overtime pay, an increase from the current level of ...