Millions more American workers will be eligible for overtime under new eligibility rules to be released Tuesday, according to reports.

Under current federal regulations, workers making more than $23,660 are not guaranteed overtime. The new rules will boost that to $50,440, Bloomberg reports.

Proponents of the regulation say it would protect workers below the poverty line who are not currently compensated for their work beyond 40 hours per week. Critics say it could cause some businesses to hire more part-time workers rather than pay their managers overtime.

The rules, which received their last major update in the 1970s, are part of a second-term effort by President Obama to help working-class Americans without going through Congress.

[Bloomberg]

Get our Politics Newsletter. The headlines out of Washington never seem to slow. Subscribe to The D.C. Brief to make sense of what matters most. Please enter a valid email address. Sign Up Now Check the box if you do not wish to receive promotional offers via email from TIME. You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Thank you! For your security, we've sent a confirmation email to the address you entered. Click the link to confirm your subscription and begin receiving our newsletters. If you don't get the confirmation within 10 minutes, please check your spam folder.

Contact us at letters@time.com.