- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Non OT Ballers, get your overtime or a pay raise
Posted on 5/18/16 at 2:20 pm
Posted on 5/18/16 at 2:20 pm
quote:
Under the new regulation to be issued by the Labor Department on Wednesday, most salaried workers earning up to $47,476 a year must receive time-and-a-half overtime pay when they work more than 40 hours during a week. The previous cutoff for overtime pay, set in 2004, was $23,660.
LINK
Posted on 5/18/16 at 2:23 pm to DoUrden
Republican lawmakers, who are close to many of the industries that oppose the new rule, have vowed to block it during a mandated congressional review period.
As a salaried employee I hope they are successful in blocking this.
As a salaried employee I hope they are successful in blocking this.
Posted on 5/18/16 at 2:28 pm to DoUrden
Thanks Obama.
Just another way the Dems are pandering to the poors for votes, and the poors not realizing it will hurt them in the long term.
Just another way the Dems are pandering to the poors for votes, and the poors not realizing it will hurt them in the long term.
Posted on 5/18/16 at 2:31 pm to MrLarson
What is your reason for wanting this defeated? I mean, I get it if you are the owner or a high executive, since this may affect your bottom line, but I can't see other negatives to this.
Posted on 5/18/16 at 2:32 pm to pkloa
quote:
What is your reason for wanting this defeated? I mean, I get it if you are the owner or a high executive, since this may affect your bottom line, but I can't see other negatives to this.
Posted on 5/18/16 at 2:33 pm to pkloa
quote:.
I get it if you are the owner or a high executive, since this may affect your bottom line, but I can't see other negatives to this
Screw rich boss people, they aren't me, so it's okay!!!!
Posted on 5/18/16 at 2:37 pm to pkloa
quote:
What is your reason for wanting this defeated? I mean, I get it if you are the owner or a high executive, since this may affect your bottom line, but I can't see other negatives to this.
Government needs to stay out of private business and let the market adjust itself. If you make $25,000 salary and work 70hrs a week, find another job. Then that employer will have to replace you. Either someone will work for that wage or the company will have to change the pay or hours to get someone to take the job. Simple really.
But Thanks Obama has to get in their business and screw it all up. Hurts the employees and the consumer in the long run.
This post was edited on 5/18/16 at 2:38 pm
Posted on 5/18/16 at 2:37 pm to pkloa
Because I don't want to give the government any more of my money.
You realize that is all this is? Increase peoples pay and you increase tax revenue. They don't care about salaried employees.
You realize that is all this is? Increase peoples pay and you increase tax revenue. They don't care about salaried employees.
Posted on 5/18/16 at 2:39 pm to KG6
Nah, that's cool. I'm military and not eligible in the first place. frick, I should've gone on the Poliboard with my idiotic question, that's where I would've gotten the best jackass responses. I'll do better in the future.
Posted on 5/18/16 at 2:44 pm to DoUrden
Damn democrats are going to put fast food as we know it out of business.
Posted on 5/18/16 at 2:44 pm to Goalman34
quote:
the poors not realizing it will hurt them in the long term
not sure there is actually any evidence to prove that statement. my guess is there isn't
Posted on 5/18/16 at 2:48 pm to Goalman34
quote:
Government needs to stay out of private business and let the market adjust itself.
Yep, and that isn't just a recipe for 8-year-olds working in sweat shops either.
Posted on 5/18/16 at 2:55 pm to DoUrden
I am much more in favor of this law than I am of straight up welfare payouts to sit on your arse.
Posted on 5/18/16 at 2:57 pm to DoUrden
quote:Non big 4 Public Accounting firms are fricked
Under the new regulation to be issued by the Labor Department on Wednesday, most salaried workers earning up to $47,476 a year must receive time-and-a-half overtime pay when they work more than 40 hours during a week.
Posted on 5/18/16 at 2:59 pm to Goalman34
quote:Yeh not really. America proved it doesnt work. We worked people to death in the 1900s. Some labor laws are necessary
Government needs to stay out of private business and let the market adjust itself. If you make $25,000 salary and work 70hrs a week, find another job. Then that employer will have to replace you. Either someone will work for that wage or the company will have to change the pay or hours to get someone to take the job. Simple really.
This post was edited on 5/18/16 at 3:00 pm
Posted on 5/18/16 at 3:26 pm to Cole Beer
quote:
the poors not realizing it will hurt them in the long term
quote:
not sure there is actually any evidence to prove that statement. my guess is there isn't
Obamacare required employers to provide healthcare to employees that worked 30+ hours. That led to tons of businesses capping worker hours at 29.
This could force companies to hire more people, but they're not going to want to spend more money. This is an extreme case (for simplicity), but I could see something like this happening regularly:
Before regulation:
Worker A put in 50 hours a week.
Worker B put in 50 hours a week.
and that took care of all the companies needs.
After regulation:
Worker A puts in 33 hours a week.
Worker B puts in 33 hours a week.
New worker C puts in 33 hours a week.
Workers A and B now make less money. It may be worth it for the 17 hour cut in hours, but again, this was an extreme case. Would cutting your hours down from ~43/week to 35 be worth a 12.5% cut in pay?
Posted on 5/18/16 at 3:33 pm to pkloa
quote:
What is your reason for wanting this defeated? I mean, I get it if you are the owner or a high executive, since this may affect your bottom line, but I can't see other negatives to this.
Because they will likely lose their job.
Posted on 5/18/16 at 3:35 pm to DoUrden
quote:
Under the new regulation to be issued by the Labor Department on Wednesday, most salaried workers earning up to $47,476 a year must receive time-and-a-half overtime pay when they work more than 40 hours during a week. The previous cutoff for overtime pay, set in 2004, was $23,660.
ok so those people who are affected will be moved off salary then. While you think this will benefit you in the long term, lots of salary jobs are to help the employee manage his/her money better throughout the year with slack weeks getting paid as much as busy weeks. People clamor that they work all these hours but they never say when they haven't had shite to do for three days and haven't done anything, now they will just be sent home with no work days.
Popular
Back to top
Follow TigerDroppings for LSU Football News