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If you make under 48K and work over 40 hrs/week, this will make you happy

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wildcatsboston1984_rivals

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Many companies will either
  1. Layoff people
  2. Limit people strictly to 40 hours and force them to figure out how to get all their work done in only 40 hours
  3. Limit people strictly to 40 hours and hire part timers to pick up the slack.
  4. Drastically decreasing a persons hourly rate and making them become hourly employees
My mother's employer enacted policy #2 months ago and put it in effect immediately. She is hourly and it cost over 1/5 of her income. She nearly quit on the spot. Instead now she will take an early retirement in three years and not give her employer any notice since they screwed her without any notice.
 
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wildcatsboston1984_rivals

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Educational institutions are going to be the ones really hit hard by this. Athletic employees can put in a crap load of hours due to all the games and travel. They are going to have to start ponying up some major cash for raises or paying an *** load of overtime hours. I'm already hourly, but an average non-football home game for me accounts for around 6 hours. Last away game I went to was a 10-hour day and I didn't do anything but the traveling and working the game.
 
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MWes11

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cat_chaser said:
Does not apply to The Paddock.
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MegaBlue05

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The corporations will weasel their way out of it (while boosting the CEO's bay by another 10 percent).

They always do.

My company hates OT. I love it when they have to pay me for it because it makes them get all rawr.
 
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DSmith21

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This is not going to do much to help people if at all. It makes the cost of low to middle managers much higher. So employers will hire less of these people. Employers could also choose to cut salaries so that employees are still making the same money for a 45-50 hour work week. In some cases, an employer might give a couple of thousand dollar raise to get above the threshold but could then expect an equivalent amount of extra hours to make up for it. It could also hurt people when they have to punch a clock and their benefit package isn't as nice as it was when they were a salaried employee.
 
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Ron Mehico

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It could also help people. Just throwing that out there guys, that's its not going to be a strictly negative thing. You know, like it won't be black and white. It actually won't just only be one extreme. It will actually have lots of positives and lots of negatives. The actual truth will be somewhere in the middle. Just a heads up for everyone.
 
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bthaunert

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wildcatsboston1984 said:
Educational institutions are going to be the ones really hit hard by this. Athletic employees can put in a crap load of hours due to all the games and travel. They are going to have to start ponying up some major cash for raises or paying an *** load of overtime hours. I'm already hourly, but an average non-football home game for me accounts for around 6 hours. Last away game I went to was a 10-hour day and I didn't do anything but the traveling and working the game.
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I worked in Intercollegiate Athletics for 6 years from 2002-2008 and I would have banked some serious OT!
 
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BlueKel_rivals210266

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The old threshold was too low, and a lot of people were getting screwed over. It was easy to throw a title at someone making $12/hour, and then run them into the ground without paying OT. Most of those that were impacted like that were not in true exempt, white collar positions.

I'm not saying the new rule is great or perfect or anything else, but the idea is correct here. You had a lot of companies throwing that "exempt" title on a lot of people with the sole purpose of getting that extra 10 or more hours of work out of them for free.
 
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Free_Salato_Blue

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WildcatfaninOhio said:
Time for government to get out of the way and stop telling businesses how much to pay for labor.
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IKR, if I want to hire a 12 year old to run the looms in my textile plant for 1/4th the price of an adult I should be allowed.
If I want to ship workers across the border to work and pay them 2 dollars an hour, I should be allowed.
 
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WildcatfaninOhio

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Free_Salato_Blue said:
IKR, if I want to hire a 12 year old to run the looms in my textile plant for 1/4th the price of an adult I should be allowed.
If I want to ship workers across the border to work and pay them 2 dollars an hour, I should be allowed.
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I agree, you should be allowed to TRY to do these things. However, no one would ever get away with it.

-There are currently no 12 year olds looking for work.
-As soon as you advertised that you were looking for 12 year old labor the public backlash would drive you out of business within a week.
-No employee would go willingly across the border to work, and if you forced them you'd be in a federal prison on kidnapping charges.

but, yeah...I say go ahead and try it.
 
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UKGrad93

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I assume good companies will determine what is best for their bottom line and do it. Seems like the bigger trend is to just hire everyone as independent contractors now anyways.
 
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Free_Salato_Blue

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WildcatfaninOhio said:
I agree, you should be allowed to TRY to do these things. However, no one would ever get away with it.

-There are currently no 12 year olds looking for work.
-As soon as you advertised that you were looking for 12 year old labor the public backlash would drive you out of business within a week.
-No employee would go willingly across the border to work, and if you forced them you'd be in a federal prison on kidnapping charges.

but, yeah...I say go ahead and try it.
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Yet the US Chamber of Commerce want cheap labor at any cost. An open border for labor to cross without restrictions and at a lower pay scale than the average American.
 
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UKserialkiller

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UKGrad93 said:
I assume good companies will determine what is best for their bottom line and do it. Seems like the bigger trend is to just hire everyone as independent contractors now anyways.
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As soon as I get my LCSW license, I am going straight to independent contracting at about $40 to $50 an hour. if I do my own practice it's $150 an hour (much tougher though)
 
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gamecockcat

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I thought I heard that doctors (basically interns), teachers and some other groups (maybe firefighters?) were exempt. So, many of those in educational positions won't be affected.
 
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buster3.0

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Aug 10, 2009
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I love being salary. Work on average 30 hours a week. Doesn't matter. I set my own schedule. I get paid by the year, not by the hour.
 
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krazykats

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So your a smart salary employee, but the target is those work aholics not able to cut back their time
 
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rmattox

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Willy4UK said:
As soon as I get my LCSW license, I am going straight to independent contracting at about $40 to $50 an hour. if I do my own practice it's $150 an hour (much tougher though)
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But if you start your own practice, before long, you can hire brand new masters level counselors on a contractual basis...pay them $40 per client/bill the client about $100 an hour.

If you live in a city with (A) lots of job competition (B) nearby grad school that pumps out therapists, you can attract a ton of therapists that will take low paying jobs simply because they won't go away from the area to find higher paying jobs. If you live in a desirable area, you could probably hire a masters level therapist (associate license) for about $30-35. They do the work for you. The only benefit you'd give would be paying for their clinical supervision. They will leave once they are independently licensed, but you simply replace them with the steady stream of graduates.
 
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starchief

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My earnings fluctuate so much I don't quite know how to feel about this new development.

 
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d2atTech

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i propose we go back to a barter economy. Suggest we all trade only with tutes and moonshiners. They have the best stuff for trade.
 
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MegaBlue05

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Willy4UK said:
Yep, will also have to talk to my blunt roller who I am paying $35k a year
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I'll do it for $30k with a "stock option" plan of getting to keep one of every 20 blunts rolled. I can split a Swisher with my fingernails. Hell, I'll even make you a little filter out of some cardboard so you can get maximum smoke with no weed in your mouth.
 
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starchief

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Double Tay said:
Straw man, as usual
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Apologies. Not fair. No doubt the industrialists would eventually have been overcome with remorse and would have said, "This is not right what we're doing to these kids. We're gonna put a stop to this. Just step back and give us some time."
 
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