New overtime rules sap pay for managers (only in Bush's America)

[Bozita]

The link contains a list of the new rules. Read 'em and weep.

http://www.detnews.com/2004/business/0408/08/a01-235230.htm

New overtime rules sap pay for managers

But checks get fatter for those who make less than $23,660

By Karen Dybis / The Detroit News


Think your boss owes you overtime pay? The answer could surprise some white-collar workers come payday after new government regulations take effect this month.

Some employees will lose the right to any overtime compensation, especially those who earn six-figure salaries, manage more than two workers or make key business decisions, like whom to hire and fire.

The new regulations do not affect hourly workers or those salaried workers with union contracts that include overtime protections.

However, nonunionized salaried workers at Ford Motor Co., Visteon Corp. and elsewhere who got used to plump overtime checks may be out of luck. Anyone who is not guaranteed overtime under a union contact could see that extra pay disappear. In fact, many automakers eliminated overtime to salaried engineers last year to save money.

more...

[Massacure]

1. If people earn $100,000 + a year

Why are they working more than 40 hours a week in the first place?

[DBoon]

2. Highly paid professionals are EXPECTED to work long hours

For those salaries, the company definitely expects its pound of flesh

[7th_Sephiroth]

3. you have to WORK to make that money

the people who make 100-200k a year do work verry hard, its those who deal with millions a year and only work 5 hours a week that need to be brought down, it pisses me off when i hear people say that people making 100-200k a year are bad people and should be punished, thier not thier hard working people (most of them) that took the time to go through school and get degrees and diplomas, so they can get a nice, high paying job where they have to work for it, the people that anger should be focused twards are people who sit on "the board of directors" who make millions a year for showing up for meetings every once in a while

[DBoon]

6. Totally true

There is a push as well as a pull here. Professional jobs draw very driven individuals who work hard. The jobs also tend to be intrinsically interesting - working long hours may be exhausting but is usually not mindless drudgery.

Of course the pull is that employers EXPECT long hours, and have no qualms about it. If you are salaried and without overtime, all sorts of mis-management become your problem. No project planning? Just work later to get it done.

[7th_Sephiroth]

7. i work for myself

doing contract engineering, usually network engineering, but i do some electrical, wich means the money i make will differ from year to year, i could make $10,000 next year and i could make $100,000 the year fater that, i'm looking at a steady employer and because i have the right schooling and experience, if this employer chooses me i COULD make 200k a year

[knitter4democracy]

10. My husband works freakin' hard for that money

He's an internist and works long, hard hours to help his patients. I too get tired of people who dismiss anyone who makes good money as someone who doesn't have to work hard. My husband put in his time in residency (required 80 hour work week, often more like 100-120 hours), but he still works hard. He was on-call all this weekend covering 25 patients in the hospital, and he will still put in a full 12 hour day on Monday. And no, he doesn't golf or play tennis. ;)

You're right about getting to the people who don't work--but then it's a class war! Aaaahhh!! Everybody run from the class war! (Freepers started it!)

[Retired AF Dem]

4. I work for an armored truck company

get paid by the hour. My normal work day is between 12-16 hours a day for the route I drive. I do not get overtime. I have been trying to get a shorter route, I really don't want those hours without time and a half.

[annabanana]

5. talk about empty titles...

If your boss can classify you as a "manager" under these new rules (a much easier thing now).. He can expect you to work extra hours for nothing. This is worse than you've made it sound and doesn't just effect those with 6 figure salaries. Millions of cops and firemen and nurses will lose overtime for this.
If you live in a "high-cost" part of the country, 60K and a small little house is a stretch of the paycheck.

I think I found a few of those "non-voters" who might be pursuaded to the polls this year.

[Momof1]

8. Check this out.... they ARE going to rip off the blue collar workers

In May my hubby who makes less than $30,000 a year, was asked to go to a meeting with his employer. She proposed to pay him $460 a week. With no promise of any overtime pay.

He had hired 6 employees over 3 yrs. And fired 2 people.

What was she setting him up for??????

Needless to say he quit, and found a much better job. He makes far less than the $100,000 so called cut off line for the new overtime rules.

Oh and BTW his boss was a Republican.

[Spinzonner]

9. Just part of the new 'No CEO Left Behind' program

[snippy]

11. Nothing is more republican than cheap labor.

Except for the Reich wing republicans, for whom nothing is more republican than hatred. But even they advocate cheap labor, it is just that hatred is more important.