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Your Pay Is About To Go Up (gawker.com)
The Department of Labor's overtime rule is expected to be updated some time later this summer, and when it does, you will soon be entitled to overtime pay if you make less than $50,000 per year. According to Gawker, "It now appears that even if you are a salaried employee or some sort of 'manager,' you will still be entitled to time-and-a-half pay for working more than 40 hours per week, as long as your total salary falls under the threshold." How did they come to this conclusion? Gawker points out that the Department of Labor promotes a Wall Street Journal story which says that "The threshold would be increased to $970, or $50,440 annually. That level is about the 40th percentile of weekly earnings for salaried workers." Hamilton Nolan writes, "This rule has been a matter of political contention for years. But now that it is actually approaching, its import is becoming clear: overtime pay, which has long been isolated to a minority of workers, is about to be extended to almost the entire middle class."
Isn't everyone here a tech worker? Does anyone here actually make under 50k?
Around where I live, $50K, including said overtime, is damn near poverty.
If the pay for overtime is going to go up, that means it's less likely that a business will want you to work overtime.
But they may not be able to quite get everything done they need to, so they will hire a part time worker...
But then that's too many extra hours, so that means your full time to overtime job gets cut back to a half-time position also. Now they have two people working 60 hours instead of one person working 50, with no overtime.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
App guy, look up "fiat currency." All you did is trade money for money. You should write a new app, App Money! You can app it wherever apps app, right?
Take arbitrarily selected number, 40%.
Those above it: shove it
Those below it: take it
Reality is that most of unpaid overtime is done by faceless, nameless IT workers, project managers, accountants, office workers with the salary band of $50K to $100K.
Get ready for things to get more expensive. You didn't actually think companies were going to give that money away freely, did you? People will lose jobs, too, because businesses won't be able to afford this.
Because, you know, without any sort of employment regulation we always get the best of all possible worlds with absolutely the best economy and wages that there is possible to be. Because right wing ideology says so!
It's the same reasons economists agree that minimum wage hurts the economy.
Economists "agree" on no such thing.
Second class citizen of the New Gilded Age
"There's no way for the government to set employee / employer agreements in such a way that everyone benefits. "
"Everyone" isn't supposed to benefit. The low-wage workers who were getting screwed out of their wages benefit. The employers who were screwing them lose. Not everything has be win-win to be worth doing.
Never let a lack of data get in the way of a good rant.
You do exactly what the handbook says.
You show up on time, do your job as best you can, and try to get done in 40 hours. If it's not going to happen, tell your manager that the choice is overtime or failure. Either way, it's his call.
I've had managers choose failure. I've had managers tell me that I should consider all overtime approved until certain deadlines are hit. I've never had a (long-lasting) manager tell me to break corporate policy, and most prefer to know early what the outcome of the week will be, rather than be surprised on Monday when schedules slip.
You do not have a moral or legal right to do absolutely anything you want.