Photo Credit: Christopher Halloran / Shutterstock.com
 
Burning the midnight oil might become a little more rewarding for 5 million workers. That is, if a new rule proposed by the Obama administration is approved.
 
"Right now, too many Americans are working long days for less pay than they deserve," President Obama wrote in an op-ed for “The Huffington Post.” "That's partly because we've failed to update overtime regulations for years."
 
President Obama intends on widening the eligibility for overtime pay with expansionary legislation, which he will further detail during an event in Wisconsin on Thursday.
 
The proposed overtime revision "goes to the heart of what it means to be middle class in America," said Labor Secretary Thomas Perez.
 
The rule is now subject to a 60-day public comment period, during which the Obama administration will be unveiling more details regarding proposed overtime eligibility and regulations. 
 
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Nick Powills

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Nick Powills

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Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.