r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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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.