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6 million may still lose OT pay (due to Bush August OT rules changes)

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-14-04 02:46 PM
Original message
6 million may still lose OT pay (due to Bush August OT rules changes)
As The Lose OT rules (the minimum pay test, the hourly-pay or salary test, and a duties test) get modernized by having the duries test expanded so as to call folks professional/executive if they recommend - but do not have authority to carry out - rule changes for 2 or more employees they supervise.

It is good to be a $25,000 a year MacD-executive ($35,000 a year at Wal Mart and Home Depot)!

:-)

http://money.cnn.com/2004/07/14/news/economy/overtime/index.htm

6 million may still lose OT pay: study
Labor-backed group says new revisions to work rules will still mean lost overtime for millions.
July 14, 2004: 3:24 PM EDT
By Andrew Stein, CNN/Money staff writer

NEW YORK (CNN/Money) - Revised changes to overtime rules proposed by the Bush administration will still fail to protect overtime pay for 6 million workers, according to a new study. <snip>

The original proposal would have stripped overtime protection for 8 million workers, according to the Economic Policy Institute (EPI), which studies issues affecting middle- and lower-income workers and receives funding from some labor groups.

But the revisions would still strip OT pay for about 6 million workers, EPI said in a study released Tuesday.

"The 6 million number may be a little high, but I think the analysis is the most complete," said Thomas Kochan, a management professor at MIT's Sloan School of Business.<snip>


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fertilizeonarbusto Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-14-04 02:58 PM
Response to Original message
1. Well
Thank God Bush is jus' reg'lar fo'ks unlike those twoo rich, bad, elitist trial lawyers.
*sarcasm off*
I bet *'s "base" (as he said in "F/911") is very pleased.
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