Millions of New Workers Eligible for Overtime Under DOL Rule (2)

Roughly 4 million workers will take home more money when they work more than 40 hours a week under a new US Labor Department rule that expands overtime pay eligibility under federal law.

The highly anticipated final rule released Tuesday changes the salary threshold used to determine whether a worker is exempt from overtime pay so that workers making less than $58,656 are automatically owed time-and-a-half wages.

That threshold will apply to a large swath of industries, but is expected to have the broadest impacts in the retail and hospitality sectors. The figure will be revised every three years, with ...