10 ways dol's flawed overtime proposal hurts employees

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10 Ways DOL’s Flawed Overtime Proposal Hurts Employees

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10 WAYS DOL’S FLAWED OVERTIME PROPOSAL HURTS EMPLOYEES

#1 Less workplace flexibility

Source: 694,500 more retail and restaurant employees would be subject to time clocks and burdensome tracking of hours. (Oxford Economics)

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#2 Reduced bonuses and benefitsSource: 104,400 retail and restaurant workers would have bonuses and benefits cut to offset equivalent increases in their base salaries. (Oxford Economics)



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#3 Less income stability when

converted from salaried to hourly

statusSource: Loss of $2.32 billion in earnings for retail and restaurant management/supervisory workers. (Oxford Economics)



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#4 Fewer career advancement opportunities

Source: Oxford Economics predicts that the proposal would result in changes that would lead to more part-time workers, more inequality in the workplace, and fewer hours for full-time workers.



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#5 Fewer training and professional development opportunitiesSource: However, it is likely companies would increase their reliance on technology and automation in the workplace, which would allow fewer managers to exert greater control. (Oxford Economics)



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#6 Fewer opportunities to

demonstrate leadership

Source: 28% of retail and restaurant managers believe a change to hourly status would lead to fewer opportunities to demonstrate leadership in their workplace.



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#7 Reduced hours for some affected

employees

Source: 231,500 workers would be converted from exempt salaried to non-exempt hourly and have their hours reduced to 38 hours per week. (Oxford Economics)



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#8 Reduced job satisfaction

Source: 45% of retail and restaurant managers believe a change to hourly status would leave them feeling as though they are performing a job instead of pursuing a career. (GfK)



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#9 Less career

stability

Source: 33% of retail and restaurant managers believe a change to hourly status would undermine career stability. (GfK)



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#10 Reduced employee

morale

Source: 66% of retail and restaurant managers believe employee morale would decrease if the primary duties test is changed. (GfK)

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10 ways dol's flawed overtime proposal hurts employees

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