MONTPELIER, Vt. (AP) - Gov. Peter Shumlin says about 8,500 Vermont workers could benefit from new overtime rules issued by the administration of President Barack Obama.
Officials say that in the fast food and retail industries in particular, many employees are deemed managers, work long hours but are paid a flat salary that barely exceeds the income of the hourly workers they supervise who receive overtime pay.
Under the new rules the salary threshold at which companies can deny overtime pay will be doubled from $23,660 to nearly $47,500.
Shumlin says the change in federal rules will help continue Vermont’s efforts to increase incomes and ensure wage security for more Vermonters, especially women.
The new rules take effect Dec. 1.
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