Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Locked thread
Bloody Queef
Mar 23, 2012

by zen death robot

moana posted:

Just read this article about how overtime pay is one of the biggest factors in unemployment: http://www.politico.com/magazine/story/2014/11/overtime-pay-obama-congress-112954.html?hp=rc3_4#.VG6eL4vF-ZP

Curious what you all think about the idea of slashing OT exemptions. Is it as much of a cure-all as it's portrayed in this article?

There's been a lot of talk about public accounting firms in California potentially needing to give overtime to their recent college graduate Associates due to some large lawsuits. The courts of course upheld that those Associates are exempt though.

The assumption was that regular pay amounts would be slashed to keep the overall annual expenditure per employee the same with the same hours worked. I'm assuming that's exactly what would happen if everyone got overtime.

Adbot
ADBOT LOVES YOU

  • Locked thread