Trueee. I get ‘best of both worlds’ - spouse is hourly and I’m salary. But I hear him all the time complain about working past a certain amount of overtime because any extra earnings gets eaten up by tax. In my house this move would be a game changer.
You and I may need to negotiate for better salaries 😅
I think there were rumblings several years ago that they were going to make salaried workers who put in over 40 hours a week get paid overtime also, but nothing came of it.
Let's see, 30 years salary, average of 10 hours per week unpaid (5 hours extra expected as part of the job and 5 hours for all the times expected to put in a little extra to get the latest hot project done), minus 2 hours for the little bonuses that made up the difference, and forget vacations because those were largely excused absences given the amount of time expected before and after to make up for being out of the office - 8hr x 50 weeks x 30yrs = 12000 hrs, or 6 years salary. Yeah, that's not going to happen.
How about compensating salaried workers, who work overtime! Hehehe!
Trueee. I get ‘best of both worlds’ - spouse is hourly and I’m salary. But I hear him all the time complain about working past a certain amount of overtime because any extra earnings gets eaten up by tax. In my house this move would be a game changer. You and I may need to negotiate for better salaries 😅
I think there were rumblings several years ago that they were going to make salaried workers who put in over 40 hours a week get paid overtime also, but nothing came of it.
Let us bring that back!!!
Our salary people at work are salary exempt. They get overtime after their regular scheduled hours.
I have a feeling a lot of contracts will be restructured.
Let's see, 30 years salary, average of 10 hours per week unpaid (5 hours extra expected as part of the job and 5 hours for all the times expected to put in a little extra to get the latest hot project done), minus 2 hours for the little bonuses that made up the difference, and forget vacations because those were largely excused absences given the amount of time expected before and after to make up for being out of the office - 8hr x 50 weeks x 30yrs = 12000 hrs, or 6 years salary. Yeah, that's not going to happen.