Obama wants to double threshold to qualify for overtime
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 30, 2024, 07:29:07 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Obama wants to double threshold to qualify for overtime
« previous next »
Pages: [1]
Poll
Question: Why is Obama so great?
#1
Born great
 
#2
Greatness thrust upon him
 
Show Pie Chart
Partisan results

Total Voters: 18

Author Topic: Obama wants to double threshold to qualify for overtime  (Read 371 times)
🦀🎂🦀🎂
CrabCake
Atlas Icon
*****
Posts: 19,270
Kiribati


Show only this user's posts in this thread
« on: June 30, 2015, 06:00:48 AM »
« edited: June 30, 2015, 06:03:39 AM by CrabCake »

http://www.politico.com/story/2015/06/obama-overtime-rule-wage-raise-119566.html

Plz Murica send this guy over here to lead Labour.
Logged
Gass3268
Moderators
Atlas Star
*****
Posts: 27,527
United States


Show only this user's posts in this thread
« Reply #1 on: June 30, 2015, 09:29:55 AM »

Before anyone asks how this this legal, Congress during the Great Depression gave the President the ability to set the regulations for overtime pay, through the Labor Department.

Arguably Obama's greatest act as President. It will either mean more income for salaried workers or more salaried workers being hired.
Logged
TNF
Atlas Icon
*****
Posts: 13,440


Show only this user's posts in this thread
« Reply #2 on: June 30, 2015, 09:53:42 AM »

The problem, of course, is that the people who are working in excess of 40 hours each week are not doing so at one job. Under Obama, the economy has further shifted away from the 'one job, stable hours' model of years past toward 'multiple jobs, varying hours', which causes more workers not to get overtime pay even if they work in excess of 40 hours, because they're working more than one job. As an anecdotal example, I worked about 65 hours in one week last year and didn't see an extra penny for it, because of course, those hours were spread out over two jobs.

With estimates as high as 40 percent of the labor force being composed of 'contingent' laborers, the truth is that this pithy reform will help few workers and will do nothing to address the lack of full-time, single-job employment in the Obama economy.
Logged
Pages: [1]  
« previous next »
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.213 seconds with 14 queries.