Up until now workers earning more than $23,660 per year could not qualify for overtime pay. On 18 May new rules presented by the Labor Ministry raise this annual threshold to $47,476, affecting, according to the authorities, an extra quarter of a million employees as of 01 December 2016 when the rule will come into effect.
In the USA, the 1938 law, the Fair labor Standard Act (FLSA), governs labor regulation. In it, employees who are paid per hour can receive overtime pay for time carried out in excess of 40 hours per week, at a rate of 1.5 times the regular pay scale rate. However the regulation has intended for exemptions for managers, certain administrative employees, and highly skilled personnel.
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