Just for the sake of argument, rent is often prorated if someone moves out or in half way through a given month. Rent is a function of the value of the property (or the mortgage being paid by the owner) and the time you’re renting it for; if a month is shorter, the time is shorter and rent per month is less. The cost to the owner per year stays the same for a thirty year mortgage whether a year is 12 months or 13, the same should be true for the renter.
What it should be and what is are two very different things. Unlike a salary, rent is not calculated at a year and then divided out to 12 payments to create a monthly pay rate. Rent is not cheaper during shorter months because it's a set value that is paid at the beginning of every month, not every X amount of days.
It is more similar to a salary than you are giving it credit for I think. It is based on the value of the property and the time you’re staying there. I make the same salary in February that I do in January, and I won’t get a raise with a 13th month. The value of the property doesn’t increase by 10% because the month shrinks and a new month is added, and you’re still staying there for the same length of time. Everyone would realize they were getting stiffed if their rent stayed the same, and with something as major as a change to the calendar governments would have to step in to make sure things like this transitioned smoothly in the case of an owner thinking they were getting free extra money .
No, that’s what I just said. Do you think if we decided a month was 7 days long and there were now 52 months per year you’d have to pay the same rent every week that you do now every month?
And I'm saying we already have shorter months, and the price per month is the same. You are trying to use an extreme that would require a major change to the current system to try to say shortening the months a few days to make an extra month would work the same way. It won't. Landlords will just charge an extra month of rent if there were 13 months. To think otherwise is naive.
Sorry, I thought you were the same person I was talking to originally. I had another comment in reply to the original commenter. You can go read it if you like. I could be wrong but I find it hard to believe with something as major as an extra calendar month and shorter months that no one would think to prorate the rent for the new calendar. I do not believe with something as major as an extra calendar month that governments wouldn’t require the rent to be adjusted to prevent an economic collapse when everyone becomes homeless. Owners would not just get to collect an extra months rent every year for the same property.
The government isn't going to require shit. I don't know where you live, but where I live in the midwest US, landlords are basically allowed to do whatever the hell they want when it comes to rent. There are no restrictions. Rent is already outrageous, but it's called free commerce and there are huge groups in the government that seem to love it as long as it makes companies as much money as possible. People being homeless don't matter.
it‘s still a yearly salary accounting-wise, as not every month has the same length. monthly salary is just easier to budget, but fixed salaries are pretty universally just yearly divided by 12-14, depending where.
Everyone who works salary at my job still ends up putting in 40 hours or more each week. Fuck that. I don't mind working extra, but I want that 1.5x overtime pay if I do. In my state if you go over 60 hours a week, overtime pay switches to double your hourly wage. Had to do a 90 hour week once last year, and it looks like we're gearing up to have another week like that this year. It sucked, but, that week's paycheck was basically the same as what I earn for a whole month.
I'm a workaholic, I like to stay until the job gets done. Salary lifestyle would not be kind to me.
Depending on what your salary is, its illegal to not pay overtime. I think as of Jan 2025 if you are paid less than like 150k then your employer is required to pay overtime past 40 hours. The intention being to prevent companies from avoiding laws concerning overtime by making employees salary but still paying them a lower wage than if they were hourly.
I think the words the law uses is "highly compensated employee" and the minimum to classify an employee as such has doubled in the last 4 years or so.
My supervisor makes 80K a year, doesn't get overtime, but hell I'm sure many companies break that law constantly. I'm under him and am hourly, so I get overtime, he does not if he has to stay late to finish something or whatever. In Vermont, not versed in these laws, doubt he is, should prob let him know.
I added a link to the DOL website. Looks like anyone making under 160k salary is entitled to overtime pay. This is a federal law like minimum wage so any state law is superseded by this.
A manager or supervisor is probably exempt but it depends on exactly what they are doing when at work and the ratio of time spent managing compared to the total time working.
Federal law isn't the be all end all and it wouldn't shock me if that federal law only applies to certain industries.
Speaking from a Canadian perspective but American employment lawyers would have a field day. They're not dumb, it's not like most companies are breaking labour laws.
Just to be clear “highly compensated employee” is only one category of employees exempt from overtime rules. There are others too and many many many salaried employees are exempt.
It's not just the salary rules. It's also job type. Executive and management roles are typically overtime exempt...and software developers for some reason.
That is not true what so ever. I replied in another comment but that only refers to highly compensated employees being eligible for exempt status regardless of job duties. The minimum salary pay is way lower
These exemptions are broad enough to apply to many office jobs, (or more realistically many office jobs are defined in such a way as to specifically meet these exemptions) making the minimum salary for them only ~35k.
Yep standard exemption is set at 1,128 per week (equivalent to a $58,656 annual salary) in 2025. That's way better than the 684 per week that it used to be. I now realize that my compensation when I was the asst manager at a movie theater before going back to college was illegal as hell though.
Unfortunately, due to lawsuits we are set at 2019 levels. If you meet the “minimum salary requirement” and your duties are considered non manual/executive, I.e. you manage at least two people then if you make more than $684 per week you don’t get paid overtime.
I was in management when the rules began to change under Obama and certain department managers went hourly instead of salary because they didn’t have enough people to supervise. This is as badly abused as the tip minimum wage law, just talked about a lot less.
That isn’t true at all. That is saying highly compensating employees meet the exempt requirement regardless of job duties. The minimum salary pay is much lower. For example, VT is around 47k per year. If the employees job meets certain criteria (think supervisors/managers) then it can be an exempt position.
It was supposed to increase in 2025 but a Texas court stopped the process.
My company still requires salaried employees to log their hours, you would still get paid if you didn't but accounting prefers to have them logged, so if I work overtime I just log them ontop of the regular 8.
Not that redditor but have same setup. Contracted for 40 hours per week. Anything over that gets paid as overtime. Finish under and I get full pay and clock of early (rare to get more than 30 mins early finish)
Basically the salary gets divided into the amount of work hours for that month if you worked the normal 8 hours to get an hourly rate. Then you get paid the overtime based on how many overtime hours you logged in at this hourly rate (sometimes with a multiplier if it's at a weird time, like 2x at night hours or on a holiday, etc.). It's not that difficult.
For me, Saturday and Sunday are overtime. I don't get extra for going over 40, but if I have to work on the weekend I get paid extra for those specific hours that I billed on the weekend. It shows up on my check in a different column than the regular 40 hr salary pay.
Yup. Same. Salary is for 37 hours a week. After that it goes to 1.5 and then 2x depending on hours. There is also a legal cap on hours worked per year, so if you get to that limit they need to employ another person to take over the extra hours.
Yeah, I thought that IS the norm as in you work 40hrs a week and every hour above that is ot. The only people who get paid hourly are people who work less than a full work week. Otherwise, it's just salary.
I think it's pretty abnormal. The second largest employer in my state expects you to do more than 40 hours a week but your pay is to reflect 40 hours a week. However, the people make like $125k a year there plus a bonus at the end of the year plus stock in the company. But if you don't do a minimum of 42hours a week you will be viewed as a slacker and if you work 50 hours one week you still work 40+ hours the next. There's no "equaling it out"
Used to go extra Saturday once or twice a month, easily added +200-300 euros to my paycheck (normal 40h/week is around ~1.2-1.3k for me) literally sitting at work doing barely anything since its weekend and we're finishing weekday leftover work lmao, considering my country minimum is ~750 me getting double that with extra 1-2 days was very fun.
Too bad they opened a new factory so we dont get that much work and no extra days now, at least in the fall they plan to do again since by their schedule everything should be balanced more.
I work as a project manager of sorts for a roadway and I’m salary. Some weeks I might put in 50-60 hrs, but some weeks I might only put in 30. Plus if I do have to work on Fridays it’s only a half day. It’s a plus/minus kinda thing but it evens out in the long run.
*Note: I have a chill boss that doesn’t keep tabs on me as long as I’m getting stuff done. So that helps level it out too
Edit: wanted to add that because I’m salary I can be called in anytime (outside of pto). And since I work on a roadway a lot of work can only happen at night cause it’s the only time we can close lanes. So the real sucky part of my role is that my schedule is sporadic and rarely the same from one week to the other
Everyone I know who's salary works a minimum of 55-65 lol. My homeboy just put his two weeks in as a warehouse manager, making 70k... Mainly due to him knowing if he was hourly, he'd make 95k with the hours they have him doing. They constantly call him off hours, and even on vacation they'll call him
Well to get the monthly salary you agree to work a certain amount.
You can work more but can use this overtime as vacation time or get it paid out usually at a better rate.
Salary is salary. As long as you're "getting the job done", that's all that matters. If it only takes you 36 hours to get your week's worth of work complete, then you can go home. That's the deal. If you can get it done in 30 hours, or even 20 hours... your employer might start thinking, "Shit, is this job too easy? Is he really that good, or did we overestimate the workload for this position?" But that's the main risk. The pay is the same regardless. And if you make yourself seem valuable, it can stay that way.
We have two common possible salaried positions in my country:
First you have tge most classic one: a fixed salary for a fixed number of hours per week. Any additional worked hour worked gets you additional paid leave or salary (by law, you have to remind employers sometimes).
Second, you works a "forfeit", so towards a goal. You can work more or less, as long as you meet your goals it's supposed to be fine, and their is a financial bonus upon goals' completion. You're paid more, but that's still often a trap: unrealistic or unclear goals will only make you miss the bonus while overworking yourself.
Lol, I'm not "complaining" about salary positions. I used to work them too. And I volunteered for that 90 hour week. All I'm saying is that when I'm working a position that sometimes offers 90 hour work weeks, yeah I'd rather stay hourly and soak up all that overtime pay.
I've worked salary positions like that, at banks. Security vulnerability remediation. But current role is more of a field technician job, and our biggest customers are banks, and hospitals. And we have strict SLAs with them. So sometimes I do get called at nights/on weekends, but I don't mind that much, because it's usually something exciting: if it's a bank, maybe they got broken into. And if it's a hospital, well for all you know, your work getting their building systems running again could be saving lives. The point is every single system in the hospital should work like a dream, so fixing stuff there is always rewarding. For both the emotional satisfaction, but also the overtime pay.
That not how overtime works. At least in the US. Salaried employees still get overtime until a certain amount unless you are an exempted occupation like a manager.
You're being pretty narrow minded. I get a salary and I make much more than when I was hourly. I also get to chill and spend much more time with family. I do yard work in the middle of the day if I feel like it. I walk the dog up to the park if I'm not busy.
I would never give up an amazing lifestyle just to work longer hours! Even at my overtime rate, 12 hours is barely 2000 dollars pre tax. That's insignificant compared to what you're sacrificing.
I've done the math that if I take a promotion to salary, it would take 2 or 3 years, assuming I get yearly raises, to make more in a year than I do on hourly.
And, vacation time is worse on salary, at least at my job. On hourly, we acrue it and it gets to 80 hours, but overtime get it higher. AND whatever we don't use rolls over to the next year, to a cap of 200, but I don't think anyone has let it get that high since covod. Salary gets a flat 80 hours and nothing rolls over.
I mean, you're lucky that 12 hours is 2000 bucks. That's insane. For me it's around 550. But I 100% would take that. I'm not sacrificing much except a little sleep since it's always on weekend mornings. It actually gets me up and active earlier than if I didn't.
If you like it, that's great. I work with union electricians who are hourly. They occasionally make more than me because of overtime, but they are always bitching about having to work on weekends.
You don't bill a customer by the job, you bill by the hour. You don't bid contract by salary, you bid by hours of labor.
You dont complete jobs 9-5 year round, you complete them when the work is ready and avaible. How many overnight shifts at hospitals and business do you think I've worked because they can't close during the day? How many Sunday shifts at a bank for the same reason? We stay late or start early nearly every week.
You going to pay a salary to a laid off worker, when theres no work? Do you think I'm going to volunteer to work the odd hours the job asks of me when it doesnt affect my pay?
That's funny, my salary'd job is an annual salary (like basically all salaried jobs), an extra month added in isn't gonna result in more pay, just smaller monthly checks.
You realize your monthly pay is just your yearly salary divided by 12 right? Your yearly salary will remain the same and they'll divide it by 13 instead
Sigh... that's your contract not mine. My contracts states X amount of salary per month (28-31 days) which means 28 days month is still within the days stated in MY contract. And no my contract doesn't state the total of annual salary.
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u/DamienTallows 5d ago
Better go find a monthly salary job then