This isn’t just a one-time recalibration. Picture a self-adjusting machine; the proposed rule would recalibrate this ceiling triennially, reflecting the current earnings landscape.
Impact & Significance
In the grand tapestry of American labor, these shifts promise to blanket an additional 3.6 million workers with overtime protections. Acting Labor Secretary Julie Su passionately articulated that this motion aims to replenish workers’ economic safeguards.
Voices From the Ground
The crescendo? This proposal emerged after 27 symphonic listening sessions harmonizing over 2,000 voices. And the opera isn’t over. A 60-day commentary window beckons the public to chime in.
A Timeline Dancing to Its Own Beat
This groundbreaking announcement raced against the clock, narrowly beating the DOL’s self-declared proposal deadline. But it’s not their first waltz; the DOL initially teased an August reveal—postponing it from earlier in May, October, and April 2022.
DOL Rule to Raise Salary Threshold : A Historical Overview
Venture back to June 2021, and you’d hear whispers in the corridors of power. The then-Labor Secretary Marty Walsh candidly expressed to legislators that the then-standing rate seemed inadequately low.
