Remain in Charge of your Finances and Career Path
Are you someone who earns less than $47,476 annually as a salaried or hourly employee? If so, you might want to mark Thursday, Dec. 1, on your calendar because big changes are on the way that could directly influence how much money you will take home. A new overtime exemption rule from the Department of Labor is redefining who can qualify for overtime pay, diminishing the opportunities for earning time and a half, just in time for the holidays.
Serving Whose Need?
Because excessive overtime has the potential to diminish overall pay per hour, employers can choose to pay time and a half or raise salaries above the threshold of $47,476. The Department of Labor derived the $47,476 figure from the 40th percentile of full-time, non-hourly paid employees in the lowest-wage census area of the U.S. (the South). Individuals in the lowest-wage census earn $455 per week or $23,669 annually.
Increasing Scrutiny on Hours Worked
The new rule attempts to help employees who earn too much to qualify for overtime pay. In many cases, these are managers who regularly work more than 40 hours per week and earn less money per hour because of the number of hours worked. While the rule works to shield individuals from excessive hours, employees who rely on overtime pay to make ends meet could find receiving approval for overtime harder than ever before. Instead of paying overtime, the new rule advocates for the distribution of extra hours to an employee who does not yet have 40 hours that week.
Choosing the Entrepreneurial Path
If you’re tired of changing corporate rules, evolving sales quotas, and depending on the whim of a manager to approve OT, it’s a good time to explore a new career path as an entrepreneurial freight agent with Tallgrass Freight. We combine financial and operational infrastructure support with two commission options to maximize your pay. Tallgrass Freight Agents receive full freight and logistics assistance including business setup and consulting, access to the Tallgrass customized CRM, carrier-relations support, VOIP phones and financial support.
To learn more about becoming a Tallgrass Freight Agent, call (913) 721-0079 or fill out our online form.
About Tallgrass Freight
Tallgrass Freight Company, a full-service logistics provider, offers a range of transportation and logistics services for small- and mid-size companies. A trusted shipping provider since 2012, Tallgrass offers Less-Than Truckload (LTL), Full Truckload Shipping (FTL), Flatbed Services, Intermodal Services and more. By building and maintaining top-notch carrier relationships and a service-first culture, Tallgrass ensures you will have the truck you need when you need it and the assurance that all deliveries will arrive on time and intact at the best possible prices.
