I'm afraid I may get another lecture here, but are we seriously thinking that Americans are going to sock this "overtime" money away? I'm pretty confident a good portion of this money will get right back into circulation.

 

My prediction is that companies will manage around it, and there will be little "extra money". Companies will not accept the extra cost with no benefit associated with it. They will explore other options just as has been done for labor. This hate on business is good populist rhetoric, but completely counterproductive to increasing the well-being of our middle-class AND offering an upside to our currently below middle-class people.

 

What will it take for the liberals to get this concept in their brains?!?

 

There's the lecture....

I was once told at a salaried job that I needed to put in more hours in order to advance in the company.

Current job I was told, I don't care how many hours you work as long as you get the job done.

 

Most employers that adhere to this philosophy usually have happier employees and more productivity. Most salaried positions are cyclical. Most, if not all jobs, have positive and negative aspects.

 

I have no problem with the law, people are putting their heads in the sand if they think some employers don't abuse salaried position and unless you have a very specific skill that is in demand, finding a new job does take a while for most.

 

I do understand that you can move on and should, if the job is a drawback or you perceive being unfair, however, this is much easier said than done. It just is not that simple.

There's a chicken and an egg. Yes, there are employers who abuse employees...I have worked for them and left. The key was to keep myself marketable and for their to be options in the economy. If we kill the economy and employment, then there is no competition for employees which is an employers field day, then the regulations are necessary. So...how do we want it? A small tightly controlled employment situation or an open market with opportunities?

There's a chicken and an egg. Yes, there are employers who abuse employees...I have worked for them and left. The key was to keep myself marketable and for their to be options in the economy. If we kill the economy and employment, then there is no competition for employees which is an employers field day, then the regulations are necessary. So...how do we want it? A small tightly controlled employment situation or an open market with opportunities?

 

So businesses start paying workers for the time they put in and they will go close?

 

I thought I had a negative view of business practice in America.

So businesses start paying workers for the time they put in and they will go close?

 

I thought I had a negative view of business practice in America.

 

Are you not reading his posts or are are you purposely being obtuse ?

Are you not reading his posts or are are you purposely being obtuse ?

 

I don't buy the doomsday argument presented. I guess when all the jobs are gone, and there are only two classes in this country (poor and rich) I'll know better.

 

Wait that's happening anyway.

What about salaried retail managers that receive bonuses based on performance each year. Do they qualify or not?

 

Retail bonus programs are all over the map. Some are generous. Some aren't. Some are fairly attainable. Some are based on pie in the sky numbers. And regardless, much of the time, your bonus in retail is based on being in the right place, at the right time. Upper managements strategies in terms of inventory, merchandising, and marketing play a big role in how well you can do. If they do a good job, you can definitely reap some benefits. If they don't, you have no chance. On the other hand, it's no different than many other places...if the company does well, you can do well.

 

I was on all ends of this in my 17 years of retail, working for a couple different companies. I had good, bad, and great years. Some years my bonus was as much as 40% of my salary. Some years I got nothing. And I don't feel like my great years I was any better of a manager than my not so great. Bottom line is in retail, salaried employees are regularly expected to put in long hours, whether needed or not, and are quite often based on the whims of corporate. Which is why I eventually changed careers.

Sigh....And here I was getting my hopes up and all for nothing.

 

#humblebrag

 

:bunny:

I don't buy the doomsday argument presented. I guess when all the jobs are gone, and there are only two classes in this country (poor and rich) I'll know better.

 

Wait that's happening anyway.

 

It isn't a doomsday tin foil statement. It's simply how business works. It's leaderships job to find the cheapest most efficient way to do business. If we keep adding cost to the bottom line businesses will look for a way to relieve cost.

I don't buy the doomsday argument presented. I guess when all the jobs are gone, and there are only two classes in this country (poor and rich) I'll know better.

 

Wait that's happening anyway.[/QUOTE]

 

Nowhere did I say businesses would close. I inferred they will avoid hiring people. Same impact though, fewer middle jobs. More government interference in the economy and labor is reducing our middle class. No point in typing any further explanation.

 

Why punish all the good employers and the people who work for them by passing laws intended for the abusers? The abusers in many cases will ignore the laws anyway. So to conclude this thought...simplify and enforce the laws we have; reward employers who hire people at middle income levels, deal in an intelligent way with those factors that drive employment costs up (health care); and reduce the tax burden on those companies that maintain a high labor content. Right now we do exactly the opposite on every topic and wonder why we don't have good paying jobs....it's insane.

 

Why punish all the good employers and the people who work for them by passing laws intended for the abusers? The abusers in many cases will ignore the laws anyway. So to conclude this thought...simplify and enforce the laws we have; reward employers who hire people at middle income levels, deal in an intelligent way with those factors that drive employment costs up (health care); and reduce the tax burden on those companies that maintain a high labor content. Right now we do exactly the opposite on every topic and wonder why we don't have good paying jobs....it's insane.

 

All good points. Someone stated earlier in the thread smaller businesses take care of their employees better. I see you may be arguing for that side and I am arguing against the "abuser" side.

 

Safe to say we have a portion of businesses today that are taking advantage of its workers and giving good employers a bad name.

All good points. Someone stated earlier in the thread smaller businesses take care of their employees better. I see you may be arguing for that side and I am arguing against the "abuser" side.

 

Safe to say we have a portion of businesses today that are taking advantage of its workers and giving good employers a bad name.

 

I have worked for a number of different companies including ownership structures and size of companies. For the most part, the larger companies I have worked for take good care of their employees. One smaller company was a very difficult place to work. Almost all the companies realized the need to attract and maintain high quality people. Those that don't limit themselves to mediocre performance.

It's a win for middle to lower managers who are forced to work 50 plus hours a week but are not compensated like upper management.