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Started By
Message
re: POTUS draws on vast experience yet again re: salary/overtime
Posted on 3/14/14 at 2:14 pm to navy
Posted on 3/14/14 at 2:14 pm to navy
quote:
in the end, I bet it will only end up hurting the very people he acts like he is the Santa Claus Champion for.
My stock in offshore IT tech support is doing pretty well.
0
Posted on 3/14/14 at 2:17 pm to navy
He's only pushing to adjust the minimum requirement for inflation. Some of you are ridiculous. And I'd bet a decent amount of money you don't even know what any of this means 
Posted on 3/14/14 at 2:24 pm to TheOcean
quote:
He's only pushing to adjust the minimum requirement for inflation
You think he made the case for an inflation adjustment?
Do you have a quote in his speech that can support that?
Posted on 3/14/14 at 2:30 pm to navy
Low wage workers will get time and a half after 40 hours.
Surely something so new and radical will be the downfall of America.
Surely something so new and radical will be the downfall of America.
Posted on 3/14/14 at 2:31 pm to TheOcean
quote:
And I'd bet a decent amount of money you don't even know what any of this means
When FSLA hit, it sent a shock wave through every large company in the US. When CA passed their "FSLA on steriods" bill, my company outsourced almost every Californian IT worker. I'd say there are some on this board who have a firm grasp of what this means.
Posted on 3/14/14 at 2:31 pm to TheOcean
quote:
He's only pushing to adjust the minimum requirement for inflation.
So the government is trying to make up for the increasing cost of inflation by increasing the cost of labor? Brilliant.
Posted on 3/14/14 at 2:43 pm to Asgard Device
quote:
Low wage workers will get time and a half after 40 hours.
Hourly workers of all kinds of wages get that right now.
Posted on 3/14/14 at 3:50 pm to Bmath
I'm fiscally conservative, but this is an area that I have mixed opinions. I am all for an improved work-life balance in the US. It is an area that we, as a country, truly struggle relative to the rest of the globe. In that sense, these social issues may have negative economic effects that I actually believe are more beneficial overall to the community socially than the economic deterrents they produce.
Posted on 3/14/14 at 4:10 pm to navy
Nonsense like this is the reason why my company had to move me from salaried to hourly, based on my position, years ago. I hate having to punch a clock, and account for my time. I'm not a Walmart employee. I took the job understanding that I may work more hours if needed, and that I may not be compensated for those hours. But, the government knows better than I what I should prefer. So here I am, having to make sure that I work 40 hours a week; no more, no less.
Posted on 3/14/14 at 4:18 pm to lynxcat
It certainly is a complex issue. Not everyone can or needs to go to college. However, our country's economy has moved away from an abundance of decent paying labor jobs.
You have workers at McDonald's in NYC complaining that they can't provide for their family. In reality, they are working a job that was never meant to be a career.
Many under educated folks used to just go work at a plant or factory, but our country has moved many of these facilities oversees where labor is cheap. These people are now stuck working entry level jobs, and are often classified as working poor.
Unfortunately it seems that the burden of allowing these people to achieve a better standard of living falls on the middle class.
Raising the minimum wage, and other methods of helping out low wage earners inevitably speeds up inflation.
The real solution shouldn't be paying people more to do less, but to find ways to create better paying jobs for people.
I guess I really am just curious to see how much more expensive it would be to buy more goods made here.
You have workers at McDonald's in NYC complaining that they can't provide for their family. In reality, they are working a job that was never meant to be a career.
Many under educated folks used to just go work at a plant or factory, but our country has moved many of these facilities oversees where labor is cheap. These people are now stuck working entry level jobs, and are often classified as working poor.
Unfortunately it seems that the burden of allowing these people to achieve a better standard of living falls on the middle class.
Raising the minimum wage, and other methods of helping out low wage earners inevitably speeds up inflation.
The real solution shouldn't be paying people more to do less, but to find ways to create better paying jobs for people.
I guess I really am just curious to see how much more expensive it would be to buy more goods made here.
Posted on 3/14/14 at 4:20 pm to lynxcat
quote:
'm fiscally conservative, but this is an area that I have mixed opinions. I am all for an improved work-life balance in the US. It is an area that we, as a country, truly struggle relative to the rest of the globe. In that sense, these social issues may have negative economic effects that I actually believe are more beneficial overall to the community socially
The great thing about freedom is that your opinion on this doesn't matter.
If two parties are willing to enter an employment agreement, that should be enough. Your little view of what is socially beneficial should have no bearing.
Posted on 3/14/14 at 4:23 pm to moneyg
quote:
If two parties are willing to enter an employment agreement, that should be enough. Your little view of what is socially beneficial should have no bearing.
True, but sometimes you don't have any better option.
Posted on 3/14/14 at 5:30 pm to moneyg
quote:
If two parties are willing to enter an employment agreement, that should be enough. Your little view of what is socially beneficial should have no bearing.
You probably support forbidding an employer from requiring an employee to pay union dues as a condition of employment.
This post was edited on 3/14/14 at 5:52 pm
Posted on 3/14/14 at 10:17 pm to moneyg
quote:
The great thing about freedom is that your opinion on this doesn't matter.
Well we have laws in this country that regulate. Opinions become laws and then it does have an impact on the agreements between the two parties.
quote:
If two parties are willing to enter an employment agreement, that should be enough. Your little view of what is socially beneficial should have no bearing.
"My little view" - I am strongly in favor of conservative fiscal policy. However, I have no issue with stakeholder theory integrating into the conversation more than the historically prevalent shareholder theory.
Posted on 3/14/14 at 10:30 pm to Bmath
quote:
The real solution shouldn't be paying people more to do less, but to find ways to create better paying jobs for people.
Bingo !
Posted on 3/15/14 at 1:28 am to OldTigahFot
quote:
The real solution shouldn't be paying people more to do less, but to find ways to create better paying jobs for people.
Bingo !
Alternatively you can pay less to do less.
This discussion of "find ways to create better paying jobs" is like searching for unicorns. There is a not a single solution to long-term, skilled job development. At a certain point, we also have to look at the educational attainment of the populous and see what kinds of gaps exist. The push for everyone to go the 4-year degree route is going to make things worse and not better.
Posted on 3/15/14 at 6:17 am to navy
If the POTUS can increase pay (minimum wage) and change salary/overtime rules, whose to say he/she can't lower wages?
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