Tuesday, May 14, 2013

Comp Time Or Cold Cash. Which Would You Pick?

Overtime or comp time? Which one suits you best?

Both you and your boss may agree it would be best for you to work a sixth day when a big project is due in March, and then take off for a long weekend in June. No big deal.

But under the , private employers must pay time and a half to workers who put in more than 40 hours on the job in any one week.

In most cases, workers are eager to get that overtime pay. But some might want more flexibility about how they get compensated for extra hours.

Republican lawmakers want to write compensatory time into law. Last week, the GOP-led House voted 223-204 along party lines to approve the Working Families Flexibility Act of 2013, which would allow workers to stockpile their comp time — up to 160 hours.

The idea of working longer hours in winter in exchange for an extended summer vacation might sound like a simple and popular change. But critics say the bill is fraught with risks for workers who would have no legal right to decide when to use their comp time, even if a family emergency occurs. 

They fear that employers would use the measure as a way to pressure employees into working erratic schedules for less cash pay.

Senate Democrats are likely to block the bill, but Republicans plan to keep pushing the idea, which they say is especially popular with many 

So what are the arguments — for and against — changing the law, and what do economists say? Here's an overview.

For the rest of the story: http://www.npr.org/2013/05/10/182910609/comp-time-or-cold-cash-which-would-you-pick

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...