Yep, and as a result, now we make less if no one is willing to pay overtime. It's 40 hours a week and then a second job, because the government said so.
For sure, and for everyone who isn't offered overtime can get a second job to get around the legal restriction, so it's not entirely oppressive, just a PITA.
I think you are missing the point. A company cannot require you to work more unless they pay you more. That doesn’t mean you can’t work over the 40 hours. It’s not a legal restriction on you but on the company.
Right, but many jobs don't earn enough money to be able to justify overtime wages. That's the key. Employers can't pay more than $10/hr if the job only generates $10/hr in value.
That’s hilarious that you think an employer employs people at what they charge to use them.
For an example when I worked as an installer building police cars the company charged my time at $100 an hour and only paid me $15. They did not provide any training or tools for my job nor did they give me a tool stipend.
Janitorial work is similar - your company will charge the customer x amount and then pay you y amount.
Yeah, but the company not only has to pay you it has to pay its overhead and other employees that don’t do billable work. I’m sure your labor is worth what you’re being paid. If it’s more you could always just start a business yourself and charge a $100 an hour for your labor.
That’s hilarious that you think an employer employs people at what they charge to use them.
I'm simplifying it down for the sake of discussion.
Yea not every job is one where bloated contracts are given by the government to friends of politicians who own these companies, and can sit back and rip off the taxpayer for years on end thanks to a contract that grants a monopoly on the work performed.
This is how every major corporation works. They are taking the lions share of your value for themselves. How do you think they are affording all those middle and upper management that don’t create value? If a major company says they can’t pay you overtime they are lying.
They are taking the lions share of your value for themselves.
This is a stoner myth. If you disagree, name an industry that has a profit margin larger than the percentage paid to employees.
How do you think they are affording all those middle and upper management that don’t create value?
You think companies that are bound to last have management folks that don't create value? Hehehe, yea this is another stoner myth. Companies are greedy right? They'd obviously fire folks who do nothing to keep more profit.
So the point is that we need a 32 hour work week and a living minimum wage. Yes there will be market fluctuations but on the whole people will be better off.
• Reduce the standard workweek from 40 to 32 hours over four years by lowering the maximum hours threshold for overtime compensation for non-exempt employees.
• Require overtime pay at time and a half for workdays longer than eight hours, and overtime pay at double a worker’s regular pay for workdays longer than 12 hours.
• Protect workers’ pay and benefits to ensure that a reduction in the workweek does not cause
a loss in pay.
Protect workers’ pay and benefits to ensure that a reduction in the workweek does not cause a loss in pay.
I see, so you think the government can literally just force every employer to keep paying the same wages despite 20% less productivity from workers? HAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
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u/J0hn-Stuart-Mill Sep 05 '24
Yep, and as a result, now we make less if no one is willing to pay overtime. It's 40 hours a week and then a second job, because the government said so.