The updated overtime pay rule ensures that more working people, including those at universities, are paid for every hour they work. A new Economic Snapshot shows that tuitions rose as overtime pay eroded. Thus, while university officials can blame tuition increases on drastic cuts in state funding and bloated executive pay, they are wrong to blame tuition increases on overtime pay for lower-level salaried workers.
EPI will host two great events next week: On June 28, “Expand Social Security Now,” and on June 30, “What Can We Learn from the Fight for $15.”
→ RSVP for the Expand Social Security event
→ RSVP for the Fight for $15 event, or watch it online here
EPI’s Ross Eisenbrey testified before the U.S. House Small Business Committee on the updated overtime pay rules. He explained to lawmakers that because of the new rules, millions of Americans will get raises, reduced hours for the same pay, or new jobs.