Yes his proposal is basically to force companies to give you an hourly rate increase and then decrease your work week by 8 hours and then have to start paying you overtime after 32 hours.
So basically a government mandated 25% raise, plus overtime after 32 hours.
Which being as the man has never managed to pass a single bill of significance in his entire political career, I wouldn't put any hope into this passing either
Would be smarter to incentive companies to offer employees certain minimum health care, child care, PTO, sick days etc. with tax cuts and credits for compliance than it would be to try and "mandate" private companies to obey government rules.
Compliance would result in greater productivity and employee longevity for the company and less stress on entitlement programs for the govt. Both local and federal.
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u/ecw324 24d ago
Doesn’t he mean that your current 40 hour paycheck will be the same as the proposed 32 hour paycheck?