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New Pay Recommendations Will Increase Freelancers

New Pay Recommendations Will Increase Freelancers

New Pay Recommendations Will Increase Freelancers

March 13, 2014, 12:29 p.m. EDT

Will Obama’s overtime plan create more part-time jobs?

Quentin Fottrell write in his recent MarketWatch piece,  ”Under current rules, many companies don’t have to pay overtime to salaried workers who make more than $455 per week (roughly $24,000 a year). The Obama administration is expected to direct the Labor Department to raise that threshold, according to a report in The Wall Street Journal Wednesday.”

As I told Quentin,  “We will see companies working to bring this work in on a contract basis instead of a salaried basis” to avoid paying overtime, says Steve Langerud, workplace consultant and principal of Steve Langerud & Associates in Grinnell, Iowa.

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