Posts tagged female workers

    How the Administration’s Overtime Rule Could Cost Workers More Than They Gain—Including Flexibility and Income Security

    December 20, 2023 // The Biden Administration’s proposed 69 percent increase in the overtime-salary threshold would significantly affect millions of American workers and employers. While intended to increase the pay of some workers, the proposed overtime rule would almost certainly impose significantly higher costs than benefits, including higher prices for consumers, lower family incomes, and reduced overall employment. Instead of higher pay, workers could get reduced hours, irregular schedules and paychecks, a loss of workplace benefits, and the end of flexible and remote-work opportunities. These consequences will disproportionately affect workers in lower-cost areas, as well as female, black, and Hispanic workers. Instead of imposing costly new regulations, Congress should enact policies that open doors to rising incomes and flexible work opportunities.