Pallone Praises Proposal to Extend Overtime Pay for Millions of Americans

WASHINGTON, DC – Today, Congressman Frank Pallone, Jr. (NJ-06) praised the Obama Administration’s announcement that the Department of Labor will propose extending overtime pay to nearly 5 million workers. The proposal would guarantee overtime pay to most salaried workers earning less than an estimated $50,440 next year.

“If an employee works overtime they deserve to be justly compensated,” said Congressman Pallone. “The Administration’s proposal to raise the overtime threshold to better reflect current economic realities will bring an important measure of economic fairness to millions of Americans. I am pleased that the Administration heeded the call for this decisive action. It will bring us closer to an economy that works for all Americans – one that fairly pays workers for the work they do.”

When the proposal was in its final stages in April, Pallone wrote to the President Obama urging decisive action to significantly raise the income threshold for overtime pay, which currently stands at $23,600.