Proposed overtime changes could affect employees, consumers - WNEM TV 5

Proposed overtime changes could affect employees, consumers

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SAGINAW, MI (WNEM) -

President Barack Obama has recently taken steps to make sure that everyone who works overtime actually gets paid for it.

Right now, salaried workers who make more than $23,660 cannot claim overtime pay. President Obama proposed rule would raise that cap to $50,440 for those exempt from overtime.

Kraig Schutter, a partner with Masud Labor Law Group in Saginaw, works closely with employees and business owners.

“For employers, it's more regulation and more federal government telling companies what to do. And that has real cost to it,” Schutter said.

He says employers have a couple options: pay their exempt employees a higher salary to meet that new $50,000 threshold or pay the over-time when they work those longer hours.

He says either way, a change like this will eventually trickle down to the consumer.

“All these things have real cost to employers, that'll ultimately get passed on to the consumers,” Schutter said.

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