Anonymous
Post 01/16/2017 15:15     Subject: Banking Hours Instead of Overtime Pay

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I always get time off in leu of OT. It's fine with me. Some weeks I work 70hrs, then other weeks 30hrs. It all evens out in the end. I'm pretty sure it's legal. My MB does it all the time with his government job. It's hour for hour.


Nope nope nope. You can document and sue for unpaid back wages. Im an employer and know the law.


As long as you structure the contract so that the employee is always making minimum wage -- even for the hours that must be paid OT (so 1.5x the minimum wage for the OT hours in the longest week), it's legal. Contract is a bit complicated to spell out, but can be done.


Banking hours is not legal. You have to be paid for every hour worked. And you have to be paid OT for hours over 40. You cannot be paid in time Off.
Anonymous
Post 01/10/2017 17:11     Subject: Banking Hours Instead of Overtime Pay

Anonymous wrote:
Anonymous wrote:I always get time off in leu of OT. It's fine with me. Some weeks I work 70hrs, then other weeks 30hrs. It all evens out in the end. I'm pretty sure it's legal. My MB does it all the time with his government job. It's hour for hour.


Nope nope nope. You can document and sue for unpaid back wages. Im an employer and know the law.


As long as you structure the contract so that the employee is always making minimum wage -- even for the hours that must be paid OT (so 1.5x the minimum wage for the OT hours in the longest week), it's legal. Contract is a bit complicated to spell out, but can be done.