http://news.yahoo.com/gop-seeks-alternative-overtime-pay-074228556.htmlThe latest BS.
Businesses hate overtime and they should, because it is designed to be that way and this is a good thing.. We need it now more than ever. Overtime was designed to make businesses hire people rather than working their existing staff to death....
Now, we have another heaven's gate fallacy: You'll get rewarded.... "Later." Later never comes.
Let's see, if you get forced to put in a few 60 hour weeks or more and you end up wracking up a month's worth of time, does that mean you think your boss is going to hold your job open for you while you take a month off? Also you can forget about jobs that currently have sick days and paid vacations. Also, what happens if your boss decides to sell the place before you can collect any of this "paid time off" or the business closes? You're screwed, that's what.
Even if IF this would realistically be honored, the company would just be basically waiting until the last minute and then deciding to do the cheaper alternative. It isn't "your choice," and if anybody believes it is.... Well, really? It becomes an interest free loan to the company on money YOU EARNED when they decide that instead of giving you the hours off you worked for at full hourly rate, they then give you the .5 overtime several months if not years later.... Those plans you made, you're screwed. Also, again, you have no time off. Also, they'll fire you or invent a reason to....
Right now, overtime pay dodging is rampant because people are so hard up for any work that employers know they can get away with it. This will just give the boss ANOTHER thing to hold over your head and it WILL be abused all to hell.
This is total bullshit:
http://www.forbes.com/sites/afontevecchia/2013/03/19/u-s-companies-stashing-more-cash-abroad-as-stock-piles-hit-record-1-45t/http://www.marketoracle.co.uk/Article39963.htmlMajor businesses in the US are sitting on mountains of cash. They don't need anymore before they start investing to make money. Really, that second link actually has investors wondering when companies with stock will start paying dividends (money to investors) .... Hire people damn you.... There has to be SOMETHING you could have them do. What on earth are we trying to "encourage" these companies with. They already have cash.... [sigh]. They'd rather pay somebody $0.20 /hour than $20/hour even knowing it's slave labor abroad....
O come on.... How are people buying this?
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Topic: Calm and Cool Progressive Discussion Thread (Read 1287698 times)