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Post by MF on May 18, 2016 14:08:04 GMT -5
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Post by pastafari on May 19, 2016 20:35:20 GMT -5
What, exactly, is your objection to this? (I'm not really expecting a response, though.)
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Post by bobathon on May 20, 2016 5:00:33 GMT -5
MF hates workers.
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Post by Dave's Not Here Man on May 20, 2016 8:47:16 GMT -5
So, used to be when you worked an hourly job anything over 40 was time n a half. Whatever happened to that? I don't recall any legislation that changed the labor laws. I do remember that some companies tried to make "full time" employees salaried, and then f#ck them out of comp time too.
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Post by MF on May 20, 2016 9:35:44 GMT -5
It is still time and a half for non-exempt(hourly) employees.
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Post by Dave's Not Here Man on May 20, 2016 9:55:32 GMT -5
www.whitehouse.gov/the-press-office/2016/05/17/fact-sheet-growing-middle-class-paychecks-and-helping-working-families-0- Every week, millions of Americans work more than 40 hours a week but do not receive the overtime pay they have earned. Tomorrow, the Department of Labor will be finalizing a rule to fix that by updating overtime protections for workers. In total, the new rule is expected to extend overtime protections to 4.2 million more Americans who are not currently eligible under federal law, and it is expected to boost wages for workers by $12 billion over the next 10 years. For much of the 20th century, the 40-hour workweek was a pillar of economic security for working families. The rules of the road were simple: if you were called on to put in extra work, your employer had to pay you extra regardless of whether you received an hourly wage or a salary. This left most Americans with more money in their pockets, more time to balance obligations at home and at work, and the opportunity to get ahead with more time outside of work for school or additional training. Yet over the past 40 years, overtime protections eroded as a result of inflation and lobbyists’ efforts to weaken them. The share of full-time workers qualifying for overtime based on their salaries has plummeted from 62 percent in 1975 to 7 percent today—even though the protections are more important than ever. Parents now have more demands on their time, with all parents working in more than six out of ten households with children. And despite a recent acceleration in wage growth and businesses adding 14.6 million jobs over a record 74 straight months of job growth, most Americans have seen relatively stagnant wages for the past few decades. That’s why tomorrow, the Department of Labor is finalizing a rule to update overtime protections so they can help millions more Americans. The final rule, which takes effect on December 1, 2016, doubles the salary threshold—from $23,660 to $47,476 per year—under which most salaried workers are guaranteed overtime (hourly workers are generally guaranteed overtime pay regardless of their earnings level). Additionally, this new level will be automatically updated every three years to ensure that workers continue to earn the pay they deserve.
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Post by rally2xs on Jun 6, 2016 11:18:19 GMT -5
What I find really interesting is that of people with a college (Bachelors) degree, 39.7% of them are affected. This is for people up to about $50K a year, right? What is a college grad doing working for less than $50K a year? They are 5.7% of the workforce, but still... who has a degree and is making less than $50K? Basket weavers? Was that even a major? Why even get a degree like that?
See, this is the thing with the minimum wage. All those that are getting minimum wage are supposedly just kids living at home, etc... don't really need the money... yada yada yada... NO THEY'RE NOT!!! There's lots of college degreed people working in fast food, 'cuz Obama's economy is the pits. If Hillary makes it, it will stay in the pits. We _need_ the minimum wage to get these people out of the welfare office, and making enough money to not be eligible for welfare.
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