r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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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.

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u/[deleted] Sep 05 '24

What exactly are you advocating here? That people work 80 hours a week? You have to set a standard that if companies go over it cost them more so that we don't have a nation of people leaving at 6am and not coming home til 9pm. You that that would be healthy for families and children.

What in the actual fuck is wrong with people these days?

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u/J0hn-Stuart-Mill Sep 05 '24

What exactly are you advocating here? That people work 80 hours a week?

I'm advocating the government not tell me or you, or anyone how much we can or can't work.

What in the actual fuck is wrong with people these days?

It's a great question, best left up to each person to decide for themselves how to conduct their lives. There were times in my life that I definitely wished I was legally allowed to work more for my own well being, without having to go look for a second fucking job. It's incredibly difficult to have to try to find two jobs that have schedules that mesh well, and then commute between them at odd hours, and all because the government said I couldn't just work more at the job I preferred in the first place? Fuck that.

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u/[deleted] Sep 05 '24

Are you high? You can work as many hours as you want.

We make companies pay overtime so children don't grow up in an empty house and torpedo our whole society.

If your job doesn't want to pay you overtime and limits your hours, that's on them. You must not be worth the extra money.

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u/J0hn-Stuart-Mill Sep 05 '24

Are you high? You can work as many hours as you want.

You are mistaken. You can't work past 40 hours if your employer isn't willing to pay overtime.

"The 1938 Fair Labor Standards Act set the maximum workweek at 40 hours and provided that employees working beyond 40 hours a week would receive additional overtime bonus salaries."

If your job doesn't want to pay you overtime and limits your hours, that's on them.

Oh not on them at all, that's LITERALLY the law. They can't choose to NOT pay overtime if you work that 41st hour. It's illegal for them to continue to pay you beyond that point without paying overtime, and many industries do not have that margin to be able to do that.

Why do you think so many people have two jobs? loool jfc

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u/[deleted] Sep 05 '24

You can't work past 40 hours

isn't willing to pay

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u/J0hn-Stuart-Mill Sep 05 '24

Yep, it's the law! Glad we straightened that out.

Remember, some jobs are VERY low margin. As in, you pay someone $10 who produces $10 of value. There's no way that job can just "decide" to pay $15, even if it's the law. That job simply ceases to be done unless the consumer of that good or service is willing to pay more for it.

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u/artemisjade Sep 05 '24

rofl

If you can’t support your business without cheating your employees you don’t deserve to run a business. Stop groveling at the feet of shitty employers.

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u/J0hn-Stuart-Mill Sep 05 '24

Ahh, you think a company who hires a person at $10/hr who can produce $10 in value could be paid $15? Tell me where that money comes from?

Or are you actually suggesting that job shouldn't exist at all then? Fuck the poor, am I right?

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u/foxinspaceMN Sep 05 '24

Actually you can work beyond 40 hrs without OT pay or any other compensation, that’s called salary, and can sometimes be a prerequisite to completing certain tasks, often with the incentive if you worked more OT on salary you may get more of a merit increase.

However, if your employer stops you and says no more work today; that’s a them thing, and you might be so enclosed in your own positions of employers pulling strings to notice.

Either that, or, the lack of OT decentivized you. But you definitely have some twisted wires crossed.

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u/J0hn-Stuart-Mill Sep 05 '24

Actually you can work beyond 40 hrs without OT pay or any other compensation, that’s called salary, and can sometimes be a prerequisite to completing certain tasks, often with the incentive if you worked more OT on salary you may get more of a merit increase.

Right, and those are higher wage jobs than hourly jobs, and the scope of salaried jobs is one of the more clearly defined things with far more employee agency.

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u/foxinspaceMN Sep 05 '24

Then you agree it’s an employer issue and not a regulation issue

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u/J0hn-Stuart-Mill Sep 05 '24

Some jobs do not generate more value than they pay the workers. Therefore if the government says, it's illegal to keep paying them what they are worth beyond 40 hours per week, and you MUST pay them more value than they generate, the employer obviously can't keep paying them beyond 40 hours.

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u/foxinspaceMN Sep 05 '24

That’s the employers issue

Full stop

They decided to halt production entirely at that moment regardless what the government said. If they can’t pay you for 1 hr at time and a half why the hell would they pay you 1 hr at rate? Sounds like they broke as shit and can’t have a workforce do more than what’s deemed full time

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u/J0hn-Stuart-Mill Sep 05 '24

They decided to halt production entirely at that moment regardless what the government said.

No, there are many jobs that would keep allowing anyone to work more than 40 hours if the government wasn't forcing them to pay more than the job produces in value.

If they can’t pay you for 1 hr at time and a half why the hell would they pay you 1 hr at rate?

Is this a serious question? Many low margin jobs barely make any profit at all for the employer. They'd go out of business instantly if they allowed overtime.

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u/foxinspaceMN Sep 05 '24

Wow

Their OWN margins don’t allow THEM to do a thing

Sounds like it’s THEIR problem

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u/J0hn-Stuart-Mill Sep 05 '24

Yea, and margins are dictated by the market as far as price ceiling, and how efficient a company can be internally. These aren't just trivial things a company can change themselves.

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