car hire usa comparison

when you have a job there are a lot of waysto get paid. you can punch a clock, work on commission,or have a salary. there are a lot of advantages to being a salariedworker. salaried workers enjoy a steady income, fulltime benefits like health care and paid vacation, and more security in times of economic uncertainty.

car hire usa comparison, it’s also usually one of the first stepsto climbing the corporate ladder. when you’re an hourly employee your wagesrise and fall based on the hours you work. however, hourly workers are eligible for higherovertime pay for time worked above 40 hours in a single week.

now the us government is going to requirethat all salaried employees who make less than $47,500 a year be paid overtime for hoursworked over 40 in a week. sounds good right? well for the employee that has gone the extramile to finally get to a salaried position, there may be unintended consequences thatend up costing the people it was designed to help. consider the hypothetical case for larry. larry has worked for an auto parts distributorfor several years, and was recently promoted from hourly to salary as a result of his hardwork and going the extra mile. this new position allows him flexibility,provides additional job security, and consistent income.

because of the new overtime rule, his bosswas forced to bump him down to hourly pay, and limit his hours to 40 per week. when sales aren’t as strong larry’s hoursget cut to 35 hours in order to save money. so while he is now eligible for overtime payhis income isn’t guaranteed, and it’s harder to go for that promotion. larry can’t blame his boss. when business owners get hit with an expensiveregulation they usually have two choices: raise prices on their products, or try andcut labor costs. because it punishes job creators, the overtimerule hurts those they serve including customers,

workers, and job seekers. government policies should encourage job creatorsto hire and retain employees, giving everyone a chance to pursue the american dream.