Catherwood LibraryILR School

On Thursday, President Obama will issue an executive order to the Department of Labor to expand its interpretation of FLSA to include many jobs currently sheltered under the classification of ?executive or professional? employees. Currently employees can be denied overtime if they can be considered administrative, executive, or professional. The expansion is intended to include millions of fast-food managers, loan officers, computer technicians, and others. The executive order will roll back the Bush?s administration change of policy in 2004 to exempt the very same white collar workers. The business groups that convinced the Bush administration to change the policy are expected to come out strongly against Obama?s fight to reduce income inequality one policy at a time. The move could siphon billions of dollars of corporate profit into the pockets of workers.