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Give it enough time and your hourly wages will amortize to cover this - what should now be a 75/hr tier will have remained at 60/hr because everyone gets paid t
by komali2 7y ago
Give it enough time and your hourly wages will amortize to cover this - what should now be a 75/hr tier will have remained at 60/hr because everyone gets paid that, working overtime, to get some job done that probably doesn't need overtime to get done.
Saw this in Oil and Gas industry among Engineers and Designers (the pipeline/wiring kind, not the UX kind), not sure if it's true for other industries though. Haven't worked contract in software yet to see for myself.
- DanTheManPR 7y agoMore hourly people need to realize this, that what seems as a marginal benefit of time and a half pay from constant overtime hours eventually just gets priced in as lower base wages. I think a source is thinking too much about gross pay vs effective hourly compensation. It doesn't "feel right" to switch jobs and take an effective pay cut, even if your effective hourly compensation in terms of benefits and wages is higher.
- walshemj 7y agoOh very traditional in heavy engineering, I know one industrial relations expert who told me, when a big turbine was due for delivery suddenly the tools and screwdrivers would get suddenly heavy and every one got very tired. Until of course the brown envelopes came out then as he said even the tea boy got a grand - this is mid 70's btw.
- fungi 7y agoAnd you move into higher tax brackets so take home a smaller fraction. I'm starting to see it as a loss, the additional time I may put in as overtime is subtracted from time I have for side projects and learning that is far more important to my career (as well as metal / physical health).