Currently, labor law exempts employers from paying overtime to professionals who make $23,660 per year or more. This salary limit was set in 1975 and has not changed since that time.
If this limit were indexed to inflation, the limit for overtime exemption would be a salary of about $103,000.
What this means is that the majority of the middle class is being unfairly denied overtime pay. It encourages employer abuses of the overtime exemption, reduces the amount of time professionals have with their families, and reduces the number of jobs posted to the job market. Employers can unfairly work their employees, sometimes assigning one person the workload of two.
Please index the salary limit for overtime exemption to inflation and help the middle class earn a fair wage for fair hours.