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Edwards Pledges to Honor Overtime as Campaign Releases New Study on Effect of New Bush Regulations (2/2)
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Edwards Pledges to Honor Overtime as Campaign Releases New Study on Effect of New Bush Regulations (2/2)
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Newsletter
Edwards Pledges to Honor Overtime as Campaign Releases New Study on Effect of New Bush Regulations (2/2)
2004
Overview
The following vignettes illustrate what will happen to five different workers who could lose their overtime under the new Bush overtime rules. Americans who work overtime work on average 12 hours of overtime a week. By eliminating time-and-a- half pay from workers for the 12 hours of overtime work, it becomes clear how much less these workers will earn a year with just basic pay. Now: [BOB] earns $10.46 an hour with the twelve extra hours paying $15.69 an hour. By working his normal 40-hour work week, he earns about $22,000 a year. It's not really enough to make ends meet. So he really values that overtime that earns him an additional $9,800 a year, topping him off at over $31,000. That extra overtime makes a huge difference in what Bob can afford and makes paying the bills a whole lot easier. Under New Bush Rules: With Bush's new overtime regulations, nursery school teachers like [LESLIE] will be exempted from overtime protection. Instead of the extra $10,000 she earned a year with overtime, Leslie will make only $6,500 - $3,000 less to pay for her needs.
Publisher
U.S. Newswire
Subject
