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Several companies actually. Fortune 500 down to 25 employees. Read your paperwork - salary is calculated at a standard rate of 2080 hours worked per year, at least on all employment contracts I've signed. This is he stuff people usually just sign without looking at on their first day, though I've seen the vetbage show up in offer letters too. Overtime policies varied where I have worked - sometimes compinsated, sometimes not. They don't use fuzzy terms like "full time" without defining what that means somewhere.
If a company decides to pay a salaried worker the same for a 35 hour work week as they would for 40 that's their own thing. But I setously doubt many would since that's not the term on their employment contracs.
If you're a salaried worker especially if you are part of management-----there is no overtime.
If you think that reducing the work week will lead to people spending more money and vacationing more, I have a bridge to sell you.
Don't people think these things through before posting them? I guess not. This kind of short sightedness is why our political system is so screwed up, and a bunch of charlatans are in charge.
I'm lucky if I only work 60 hours per week. We're open twelve hours per day Mon-Fri, and I typically do invoicing and other paperwork after closing and on the weekends. Am I complaining? Absolutely not. Owning my own business is great, and I would never trade it for the security of a paycheck or a shorter work week.
Those of you whining about having to work a standard 40 hour work week have no idea what your employers go through to provide you with that job, though. You complain about how you're not getting paid enough, or your co-pay on the PPO you're given is too high, or you have to work too many hours, etc.
The fact is, you're lucky to have a full time job, particularly in this economy. Wanting it to be shorter is nothing less than wanting somebody else to pay your way in life. Be thankful for what you have and stop complaining about your blessings.
If you think that reducing the work week will lead to people spending more money and vacationing more, I have a bridge to sell you.
Don't people think these things through before posting them? I guess not. This kind of short sightedness is why our political system is so screwed up, and a bunch of charlatans are in charge.
I'm lucky if I only work 60 hours per week. We're open twelve hours per day Mon-Fri, and I typically do invoicing and other paperwork after closing and on the weekends. Am I complaining? Absolutely not. Owning my own business is great, and I would never trade it for the security of a paycheck or a shorter work week.
Those of you whining about having to work a standard 40 hour work week have no idea what your employers go through to provide you with that job, though. You complain about how you're not getting paid enough, or your co-pay on the PPO you're given is too high, or you have to work too many hours, etc.
The fact is, you're lucky to have a full time job, particularly in this economy. Wanting it to be shorter is nothing less than wanting somebody else to pay your way in life. Be thankful for what you have and stop complaining about your blessings.
I think this would be a good idea. With the high unemployment, it could create some jobs.
And I really think that the work week should be lowered. We work more hours now then they did in the 1950s. It should be less now as our society grows.
Also if they lowered the work week to 35 hours I think that more companies would consider 4 day work weeks. This would relieve traffic, pollution, and save people money on commuting costs. Plus it would give people more time to travel and spend money.
yeah good idea, like Americans arent soft and lazy enough already. Sorry, just that, those industrious, entraprenurial, self starting small business owners whom actually make things happen in this country, are all laughing in unison at the very thought!
I think this would be a good idea. With the high unemployment, it could create some jobs.
And I really think that the work week should be lowered. We work more hours now then they did in the 1950s. It should be less now as our society grows.
Also if they lowered the work week to 35 hours I think that more companies would consider 4 day work weeks. This would relieve traffic, pollution, and save people money on commuting costs. Plus it would give people more time to travel and spend money.
This was also a method of GE preserving their workforce during the depression, so that when the economy did open up again, they didn't have to hunt far and wide. Recomended strategy for small business owners... read it in a journal somewhere. Longer workdays (12 hr shifts) are a huge adjustment for some, and work performance can suffer. Just a heads up.
If you're a salaried worker especially if you are part of management-----there is no overtime.
Depends on where you work. I work for a company that provides overtime for salaried and management (up to first or second level). Not time and a half like I think federal law states for hourly workers, but ((your salary/2080)+$x dollars more) is what you get for each hour over 80 per bi-weekly period worked. It's about a 50/50 mix with places friends work between salaried that get OT and those that don't - the matter is left up to company policy.
Depends on where you work. I work for a company that provides overtime for salaried and management (up to first or second level). Not time and a half like I think federal law states for hourly workers, but ((your salary/2080)+$x dollars more) is what you get for each hour over 80 per bi-weekly period worked. It's about a 50/50 mix with places friends work between salaried that get OT and those that don't - the matter is left up to company policy.
Most gov't magmt poistions do not receive OT and if you went across the country for management positions you'd come up with less then half all managers that are salaried make OT.
Government management positions? Who knows what the government does... I've worked around a couple of their organizations before and would put one in particular high up on a list of places for the government to save a buck by eliminating. That's the subject for a whole other thread...
Like I said, in my informal survey of people I'm around more or less half of them provide OT for managers through the first line anyway. Don't know enough second-level or higher at other companies to take a guess on that. That's pretty far-removed from the broad statement that salaried people are ineligible for OT.
I think this would be a good idea. With the high unemployment, it could create some jobs.
And I really think that the work week should be lowered. We work more hours now then they did in the 1950s. It should be less now as our society grows.
Also if they lowered the work week to 35 hours I think that more companies would consider 4 day work weeks. This would relieve traffic, pollution, and save people money on commuting costs. Plus it would give people more time to travel and spend money.
The Europeans have been doing this for years. They put quality time e.g. family, friends above work.
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