General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBusiness Owners Concerned About New Overtime Law Proposal
http://touch.wishtv.com/r2709/b12ee672Small business owners around Indianapolis are griping about Obama's proposal to change overtime pay rules. God, this is so typical of this low-wage, anti-worker state where employers are used to cheap, powerless labor.
LiberalEsto
(22,845 posts)Forcing IT workers to put in unpaid 60-plus-hour weeks is routine in the industry and has been for decades. They not only don't get overtime, they don't get regular pay.
This will provide companies with a nice excuse to lay off more American IT people and bring in more cheap foreign labor under the H1-B visa scam.
AZ Mike
(468 posts)....the changes were discriminatory (e.g., to one group of businesses or type of industry), but it's a broad change for all employers across all industries. The fact of the matter is that this change will induce hiring - assuming that businesses want to meet the demands of their market.
Anything less is just employers cutting their noses off to spite their face.
If an employer has three employees working 52 hours per week with no O/T, they are receiving 1.3 weeks worth of labor for 1.0 week worth of pay. Those 1.3 days include the associated productivity of the time spent working. Therefore, the employer gains 3.9 weeks of productivity at 3.0 weeks of cost. If the employer wants to meet that productivity level to serve his or her market, he or she will need to hire someone to cover the 0.9 week of labor - otherwise, pay time and a half to the existing employees.
More time off or more money for existing workers. More demand in the economy. More customers to the business. More hiring.
It's a win-win in my view.
yeoman6987
(14,449 posts)Goodness some work up to 80 hours a week easily. I wonder if they would exempt the military from these rules.
bluedigger
(17,086 posts)You get 30 days paid leave a year, and Uncle Sam owns you the rest of the time, 24/7. I think LEO's and some other occupations are also exempt. I know my friend in the Border Patrol is already whining about it.
Aerows
(39,961 posts)madinmaryland
(64,933 posts)Thanks!
FSogol
(45,484 posts)They whine every time any single thing is suggested to improve worker's rights and declare it the "end of my business!".
etherealtruth
(22,165 posts)... they may actually be compelled to pay low wage workers for the hours they work! we can't have folk being paid for the hours they work
madville
(7,410 posts)Employee makes $50k a year salary and works 60 hours a week.
Convert $50k annual salary to an hourly rate of $14 an hour. 40 hours + 20 hours of time-and-a-half overtime = about $50k a year. Problem solved right?
Then during slow times they can cut the overtime and make $30k a year for their 40 hours, gets better and better for the employers.
Negative I know but they're already throwing it around I'm sure.
seveneyes
(4,631 posts)And as usual, the middle class worker drops down another notch. Things should be getting better for the middle class since 2008, but I'm not seeing it.