Update: Whatever happened to overtime? (with Sharon Block and Chris Lu)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 11 June 2019

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode was first released in March, but so much has happened since then in the world of overtime that we thought we’d repost this episode with a new intro. Since this originally aired, Washington state has proposed a new overtime threshold that would expand overtime pay to 250,000+ workers. Since overtime laws haven’t been updated since 1976, this is a big deal! So brush up on your OT knowledge with this episode, featuring Sharon Block and Chris Lu. Sharon Block is the Executive Director of the Labor and Worklife Program at Harvard Law School. For twenty years, she held key labor policy positions across the legislative and executive branches of the federal government, including head of the policy office at the Department of Labor. Twitter: @sharblock Chris Lu was the U.S. Deputy Secretary of Labor in the Obama Administration from 2014 to 2017. He also served as Assistant to the President and White House Cabinet Secretary under Obama from 2009 to 2013. He is a Practitioner Senior Fellow at the UVA Miller Center. Twitter: @ChrisLu44 Further reading: https://www.thestranger.com/slog/2019/06/05/40402423/hundreds-of-thousands-of-workers-will-be-newly-eligible-for-overtime-in-washington-state https://www.businessinsider.com/overtime-pay-is-a-fundamental-right-nick-hanauer-2019-6?utm_source=twitter&utm_medium=referral&utm_content=topbar&utm_term=desktop&referrer=twitter https://crooked.com/articles/beat-trump-overtime-pay/ https://www.politico.com/magazine/story/2014/11/overtime-pay-obama-congress-112954

Transcript

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0:00.0	Hello, this is Jasmine from Civic Ventures, with a quick update on overtime.
0:10.0	Since we first aired this episode, a lot of things have happened.
0:13.0	In early March the Trump administration announced their overtime proposal,
0:17.0	which was a threshold of $35,000 a year.
0:20.0	And that means that if you make over $35,000 a year you won't be overtime eligible.
0:26.0	We think this is way too low, but in good news, there are many states that are thinking
0:30.2	about working on overtime and are moving forward with new overtime rules.
0:34.1	Pennsylvania and Massachusetts are in the process of looking at their overtime rules and
0:39.9	updating their overtime thresholds.
0:42.1	And Washington State, where we're located here at Civic Ventures,
0:45.4	has the boldest and most exciting overtime
0:47.4	proposal in the country.
0:49.5	In early June, in Washington State,
0:52.0	the Department of Labor and Industries announced a overtime proposal
0:56.2	setting the overtime threshold at 2.5 times the minimum wage, which will be about in 20-20
1:01.6	a threshold of around $70,000. We expect this issue to continue to pick up speed and for you to see it across the country.
1:09.4	So we're reposting this episode as a refresher. Please enjoy.
1:16.0	One of the foundational labor protections
1:19.2	in our economy has been the eight-hour day.
1:22.2	It's basically a central tenant in this country that if you work more than 40 hours a week,
1:26.0	you should get paid extra.
1:27.0	So one of the things that you hear from business is that earning a salary is a privilege.
	...

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