Overtime Rocks!

OVERTIME ROCKS! TAKE THE NEXT STEP TO BECOMING A ROCKSTAR US OVERTIME LAWS THE FAIR LABOR 1938 STANDARDS ACT TEC CE CO Applies to employees connected with interstate commerce Establishes 40-HOUR Overtime hours must x 1.5 be paid at 1.5 times normal rate work week FAIRPAY RULES Strengthen overtime rights and protections 2004 Certain workers automatically qualify for overtime pay, regardless of salary : Employees earning at least $ 100,000 PARALEGALS POLICE OFFICERS LICENSED PRACTICAL NURSES FIRST RESPONDERS MANUAL LABORERS per year are exempt under certain circumstances EXEMPT VS NON-EXEMPT Nearly 50 MILLION EMPLOYEES American employees are exempt from overtime laws EXEMPT Workers earning under $ 23,600 /YEAR SUNDAY 2n $455 Paid a salary, Paid a full salary regardless of hours worked Earn at are guaranteed overtime protection rather than an least $455 hourly wage per week SALARY VS HOURLY WAGE THE PROS OF A SALARY THE CONS OF A SALARY Guaranteed Lower health Expectation of longer income regardless of hours worked care costs hours 24 More vacation Higher hourly rate (for a standard 40 hour work week) No compensation for time overtime EMPLOYEE SATISFACTION 80% of men working over 50 hours per week want shorter schedules 87% of professional women who quit their jobs cite inflexible schedules as a key reason Only 18% were happy with the long hours Many employees worry that shorter hours would mean -55 "CAREER SUICIDE" STRESS 40% 35% 66% of American workers consider their job "very or extremely stressful" of workers are stressed because their job interferes with family and personal time of workers have health problems due to stress 86% 74% of working mothers feel stressed of working fathers feel stressed MANDATORY OVERTIME AND SCHEDULING The US has no federal law restricting Only 16 states limit working hours mandatory overtime UNIONIZED WORKERS have greater control over hours worked 30% of workers have work schedules with variable beginning and ending times 94% 80% 117 of retail managers hire staff based on maximum availability Tag-team families and single parents risk job loss for being unable to work mandatory YOU RE FIRED give extra hours to those staff overtime hours 5 JOBS WITH MANDATORY OVERTIME EMT CONSTRUCTION Average 8 hours of overtime a week Average 5 hours of overtime a week Average 2 - 3 hours of overtime a week WAREHOUSE WORK INVESTMENT BANKING Supervisors and other workers average 3 hours of overtime a week Long hours are standard - overtime not usually tracked Fork lift operators average 5 hours of overtime a week COMMON OVERTIME AND WAGE SCAMS 17:00 Being paid a set salary despite not being involved in management or supervision Your workday frequently begins before your scheduled time You are required to work after officially clocking out You work at home You work through your lunch break and are not compensated outside your paid hours PEOPLE WORKING OVERTIME In 2004, the US had the 7TH HIGHEST annual working hours per worker (out of 24 OECD countries) Americans work an average of 1.778 HRS/YEAR Percentage of workers working over 40 hours per week Physicians report working an average of 6. 50 HRS/WEEK but in fact 88.5% 66.5% 60 HRS OR MORE of men of women PERCENTAGE OF 37.49% WORKERS WORKING 50 OR MORE HOURS 22.9% PER WEEK 14.4% 8.7% 3.9% 8.3% Men Women LOW INCOME MIDDLE INCOME PROFESSIONAL AMERICANS WORK: 137 HRS 260 HRS 499 HRS per year more than Japanese workers per year more than British workers per year more than French workers It is clear that the typical work schedule is beginning to evolve into longer hours throughout the day. You now not only need to work your regular schedule but in order to achieve rockstardome, breaking the status quo is a must. But because the modern office is more inter-connected than ever, flexibility within work schedules can enable a perfect work life balance. SOURCES en.wikipedia.org/wiki/Overtime www.oecdbetterlifeindex.org/countries/united-states/ 20somethingfinance.com/american-hours-worked-productivity-vacation/ www.worldatwork.org/pub/OTExempt_0804.pdf www.americanprogress.org/wp-content/uploads/issues/2010/01/pdf/threefaces.pdf jobsearch.about.com/od/jobsearchglossary/g/nonexemptemployee.htm jobsearch.about.com/od/jobsearchglossary/g/exemptemployee.htm jobsearch.about.com/od/salaryinformatio1/g/fairpay-rules.htm jobsearch.about.com/od/salaryinformatio1/g/mandatory-overtime.htm mashable.com/2012/05/27/employee-overworked-infographic/ www.brighthub.com/office/career-planning/articles/79820.aspx www.investopedia.com/financial-edge/0411/5-jobs-with-mandatory-overtime.aspx www.avvo.com/legal-guides/ugc/top-5-overtime-and-wage-scams-that-make-your-boss-rich When I Work 000 00 INTE