Obama’s new overtime rule could sting workers
The Detroit News discusses the impacts of the overtime pay rule with Trey Kovacs.
Obama may be touting the raises he hopes his rule will create, but the text of the regulations fail to mention giving workers a raise, notes Trey Kovacs, labor policy analyst for the Competitive Enterprise Institute. Rather, the two main objectives are to “spread employment … by incentivizing employers to hire more employees rather than requiring existing employees to work longer hours,” and to “reduce overwork and its detrimental effect on the health and well-being of workers.”
Read the full article at The Detroit News.