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Financial Planning / Tax Strategies
|Subject: Re: OT as a raise||Date: 8/5/2012 12:07 AM|
|Author: TMFPMarti||Number: 116500 of 121801|
I am being reviewed for a raise and was asked if I would consider a deal where I could get paid a set amount of OT hours per week and not be bound to work them
I'm with the skeptics. This scheme doesn't make any sense from an honest employer's standpoint. Are you FLSA-exempt? If not, there are laws about how much they have to pay you for overtime.
From your standpoint I would assume that my work week is being expanded to include the set hours of OT.
Same cautions as already mentioned regarding things calculated from base pay.
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