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Somewhat tangential but an acquaintance at a Fortune-500 level company mentioned to me they are converting tons of currently salaried employees to hourly. These
by yellowpencil 4y ago
Somewhat tangential but an acquaintance at a Fortune-500 level company mentioned to me they are converting tons of currently salaried employees to hourly. These are white collar desk jobs at corporate HQ. I have to infer theres some sort of cost-cutting (wage theft?) motive behind this. Are these types of tactics becoming more prevalent in the white collar world?
- ceejayoz 4y agoMy guess: so they can flexibly cut hours when they need to save a bit of costs in a way they can't with salaried employees.
- thombat 4y agoYep, how about a nice zero-hours contact coupled to a non-compete clause. Bring your own stool so you can sit in the lobby and wait to see if you'll be making any money today.