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What's next? >> cost of employee is go willing up. >> and coming down? >> guaranteed in 2016. department of labor will be issuing new rules for overtime. so right now, if you are paying somebody more than $20,000 a year but less than 50,000, you're not paying overtime as salaried worker, that will change. if you pay them up to $50,440, you have to pay them overtime as well bp that's a guaranteed thing to happen in 2016. that's going to increase compensation. >> and consumers, credit cards, mortgage, everything else going up. >> yes. small interest rate increase. next year predicting it is eith...

Income to be eligible for overtime pay to 50440. in taking his pitch directly to the american people the president penned an op ed in the huffington post an even tweeted about expanding opportunities to make time and a half saying quote a hard day's work deserves a fair day's pay. but critics say it's all a shell game with the burden on business simply moving from one place to the next with no real benefit for employees or consumers. >> i do not believe in santa claus. i do not think a rational reaction by business will be just start paying people overtime or giving them 10,000, $20,000 in rai...