Due to my employer having a department linked to the one that I work in having significantly increased workloads, the people in that department have been pulling crazy hours consistently for over a year now. 10 hour days, 6 days a week, holidays, ect.
The work is time sensitive and highly regulated. And these people take their dedication to the job seriously. However, they are salaried and not being paid overtime for a job that essentially requires it.
So they are being moved from salaried to hourly. My job, as it is encoded will also have to make the change although I have never been required to do that kind of work.
We keep every perk of exempt (the extra vacation, flexibility, ability to work from home, ect) except we have to account for our time now.
So that means, time and a half for every extra hour above 40. It also means - $$$$!
I have the ability to work up to 20 hours per week overtime. There is no way that I will do that consistently, but I aim to do 10 hours a week. This will help me rebuild my emergency fund, payoff debt and help fund my honeymoon. I am super excited!
I already have estimated my take home pay hourly and have a debt snowball that includes no OT and with OT to keep me motivated!
Moving from Salary to Hourly (Its a GOOD THING)
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