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User Panel
User Panel
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Posted: 8/27/2004 7:26:51 PM EDT
[#1]
My general understanding is that it has to do with whether or not a person is FLSA exempt. Someone who is salaried is not entitled to overtime unless that is part of their employment contract. Persons who are hourly would be entitled to overtime. What this law does is define who is or is not so entitled. Who is and isn't would be determined at time of hire or promotion as part of the job description. What was happening was that people who were highly paid salaried exempt employees were putting in years later for huge bills for years of overtime costing companies a lot of money, when overtime was never part of their employment agreement. This closed a loophole in the law.
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Posted: 8/27/2004 7:45:18 PM EDT
[#2]
That's what the Dems want you to believe Above a certain level, if you are a 'professional' you are not required to recieve OT This means middle management, programmers/techs and similar... Which is a non-issue as most of such jobs are salaried & exempt from OT allready... What this rule did is clarify/simplify exempt vs non-exempt. It's a sort of clear-up-the-courts kind of rule... Too many employee lawsuits because the regs wern't clear enough.... |
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Posted: 8/27/2004 7:46:28 PM EDT
[#3]
Doesn't it exempt everyone under a certain amount? Like $22K or something?
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Posted: 8/27/2004 7:48:21 PM EDT
[#4]
You are correct. The old rule was under $8K, so the range up to which you can get overtime is much higher. |
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Posted: 8/27/2004 7:53:46 PM EDT
[#5]
companies uder the railroad act don't follow the new overtime ruling, so all airlines are exempt.
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Posted: 8/27/2004 8:01:26 PM EDT
[#6]
I make pretty damned good money (for Tucson.) I put in about 50 hours a week on average. My agreement with my employer is that if I'm working on a BILLABLE JOB - one for which the customer will receive a bill for my overtime work - I'll get paid overtime. If it's on a contract job where we get paid a fixed amount, I don't. If I work long hours just to keep up with the day-to-day stuff, and it's not billable, I don't.
I don't punch a clock. I keep track of my billable hours (have to, otherwise we can't bill.) Works just fine for me. I don't give a damn how the law is now. |
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