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Obama Announces Ruling to Close Gender Pay Gap

01/29/16 - The Obama administration announced plans to start collecting data on the earnings of women and minorities at large U.S. companies in order to address pay discrimination. Under the proposal The Equal Employment Opportunity Commission (EEOC) would require employers with 100 or more employees to provide the agency with detailed wage information, broken down by gender, race and ethnicity. Unlike a similar Labor Department rule proposed earlier, it would apply to all large businesses and not just federal contractors. 
The plan, which is expected to take effect in September 2017 does not require congressional approval.

Proposed Big Changes Overtime Pay

01/25/16 - The U.S. Department of Labor released last year the long awaited proposed overtime rule. According to Lexology the final rule is slated for publication in July 2016. If implemented it would provide overtime pay to low paid managers by 2016, who currently don't qualify for them. At the moment, under the federal law, if an employee makes at least $23,660 per year - or $455 per week - their employer doesn't have to pay them overtime. The new policy would raise that bar to $50,440. Currently, only 8% of salaried workers can count on overtime protection. According to the Economic Policy Institute, the proposed threshold will ensure that at least 44% of all workers are automatically covered by the FLSA’s overtime protections.

01/05/16 - Continuing a push for the payment of higher wages for public-sector jobs, Gov. Cuomo of New York announced a plan on Monday to raise the minimum wage for state university workers to $15. The university plan will affect about 28,000 state employees and is designed to include students who use work-study jobs to pay tuition and bills while attending classes.

Walmart Increases Minimum Wage to $10

01/21/16 - Days after announcing the closure of 269 stores Walmart is giving 1.2 million of its workers a pay boost. All workers hired before January 1st, 2016 will earn at least $10 an hour. New entry-level employees will still start on $9, rising to $10 on completion of an internal retail skills program. Walmart’s average full-time hourly wage will be $13.38 per hour when these changes go into effect on February 20th. The average part-time hourly wage will be $10.58 per hour.