As it says on the tin, really —this bill would define full-time work in Frémont as thirty-two hours a week, require employers to pay overtime for work over thirty-two hours, and adjust the minimum wage formula accordingly. Not only will this provide much-needed respite to an overworked and underpaid working class, it will create new opportunities for employment in industries that need the manpower while appropriately adjusting to modern labor needs in others where automatization plays an increased role.
Wouldn't this just result in employers cutting everyone's hours to 32, resulting in a pay cut for most Atlasians?
§3 is specifically designed to prevent this for workers earning the minimum wage. For everyone else, the Bureau of Labor Statistics reported that in 2018, the average Atlasian worked 34.4 hours in a typical week. (Source) The real effect of this bill will be to increase wages for hourly employees who work more than 32 hours a week, as employers will likely find it more economical to pay slightly more in overtime than to hire new employees to do a few hours' work each week.
That's factually untrue, and is not how business is operated in larger companies. Larger companies typically do everything possible to avoid paying overtime, because it isn't more economical to pay that one person to work longer. How it actually ends up working out is that you have significantly fewer full time employees, and more part time employees doing the same job, but working less hours.
Many larger companies have moved to have fewer fulltime managers and leads, and a bunch of part time associates working 25 hours or less a week because at the end of the day, it costs them less to do so, and no one gets overtime pay. It costs too much for the company to pay overtime to that one person, and that one person is much more likely to get reprimanded for going over the maximum full time hours, and likely fired if it becomes a regular problem.
While the purpose of this is admirable, it doesn't take into account how it works in the real world.