salary

overtime

Obama explains new OT rule for salaried workers

(CNSNews.com) – In his weekly address released Saturday, President Barack Obama explained a new federal regulation finalized this week by the Department of Labor that will required employers to pay overtime to salaried workers who make less than $47,500 per year. The federal-regulation-mandated overtime will kick in once the

employees

Why raising the minimum wage isn’t the best way to reduce inequality

Walmart is giving more than one million of its employees a raise later this month as part of a plan that will lift all but its newest hires to at least $10 an hour.