Quote:
Originally posted by SuckOnThis
http://money.cnn.com/2004/07/14/news...ex.htm?cnn=yes
NEW YORK (CNN/Money) - Revised changes to overtime rules proposed by the Bush administration will still fail to protect overtime pay for six million workers, according to a new study.
The Bush Administration issued proposed changes to overtime rules last year, but then revised them in March after criticism from some labor groups.
The original proposal would have stripped overtime protection for 8 million workers, according to the Economic Policy Institute (EPI), which studies issues affecting middle- and lower-income workers and receives funding from some labor groups.
But the revisions would still strip OT pay for about 6 million workers, EPI said in a study released Tuesday.
Under current rules, three tests determine whether a worker is eligible for overtime pay.
The revised rules announced in March "would dramatically increase the number of workers who would be classified as 'professional,' 'administrative,' or 'executive' and thus remove millions of additional workers from overtime coverage," the EPI said.
For instance, the group contends that employees who merely recommend, but not carry out, the changes for two employees they supervise will be classified as executives and become exempt from overtime pay.
The Labor Department and supporters of the changes contend the revised regulations will update old rules, cover more workers and reduce the amount of class-action lawsuits.
"These latest 'studies' are a rehash of misinformation the AFL-CIO and its allies put out about the department's final Overtime Security Rule in April -- assertions that were completely discredited in congressional hearings," Labor Department spokesman Ed Frank said in a statement.
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nice misleading title:
"will STILL FAIL to protect overtime pay for six million workers"
"6 million people WILL LOSE overtime pay thanks to Bush"