When you go from working 40 to 80 hours with no salary increase, you just took a 50% pay cut... I have been an exempt salaried employee for over 20 years at many companies. I know now it works.
Is he going to get subsidies from the US government for Twitter?Well, I am sure the guy who made a private space profitable company, can make twits great again![]()
but also exempt employees get paid more because they won't get overtime. Then they collect vacation and sick days at a higher rate than non-exempt employees and get bigger bonuses to make for not getting overtime.Since you have no idea what you're talking about...
The difference between an exempt employee and a non-exempt employee is that non-exempt employees are entitled to overtime pay. Exempt employees, on the other hand, do not qualify for overtime pay. (https://www.investopedia.com/terms/n/nonexempt-employee.asp)
We live on a generation where everyone is entitled to a opinion and everything thinks their smarter than the CEOs. This man has built several companies and people still doubt him. Tesla and spacex almost when bankrupt and he managed to make them successful. Well see what he does for twitter while all eyeballs are saying hes going to fail.I bet the ones that stay, work hard and excel will get VERY RICH
I know - something hard to understand for those who are offended when it rains
And, who try to crap on everyone else’s success
OK, it's not free. Your effective hourly rate goes down. Does that make you feel better?Then we both do.
1. Working 45 hours then you took a cut then. 🙄
2. Leave early working < 40 and you got a raise. 🙄
3. No one works 80 hours a week endlessly.
4. Exempt employees working > 40 is not working for free. Which is what you said.
5. Since you mentioned twice you are exempt then you should know how it works but yet it doesn’t seem like you do.
When prior expectations had been set to work from home and has resulted in working well, especially as the pandemic has shown.“Forcing them to work in the office”
How entitled do you have to be to be offended that you’re expected to work at the place you work.
Not always. I worked for a company that gave the same benefits to both groups but no over time for exempt.but also exempt employees get paid more because they won't get overtime. Then they collect vacation and sick days at a higher rate than non-exempt employees and get bigger bonuses to make for not getting overtime.
Except they were hired with the expectation that they would work from home. This changes the terms of employment that they were hired under.“Forcing them to work in the office”
How entitled do you have to be to be offended that you’re expected to work at the place you work.
no...always...I have worked in the cyber security space for 20 years. It has ALWAYS been this way This is the norm for exempt versus non-exempt. Companies dangle the benifits of higher pay and larger bonuses acruing more vaction and sick days and other incentives to offer to employees. If you worked at a company that did not do this then leave that company...or don't take those positions.Not always. I worked for a company that gave the same benefits to both groups but no over time for exempt.
OK, it's not free. Your effective hourly rate goes down. Does that make you feel better?
I'm well aware, but if my manager called me into a meeting saying we need to work 80 over the next couple of weeks to get this project done, I'll do it knowing I will mostly get some comp time and maybe a bonus. If my manager calls me into a meeting and tells me the new norm will be 80 weeks going forward, I have already reactivated my resume on all major employment sites.A little bit. But being exempt cuts both ways. Not just negative.
ONLY if that was written into a employment contract. Which i doubt very much it was written into most employment contracts. Companies always have a clause that if condidtions change...they can have employees come back to the office. This standard business practices.Except they were hired with the expectation that they would work from home. This changes the terms of employment that they were hired under.ONLY if that was written into a employement contract. Which i don't very much it was written into most employment cob
Except they were hired with the expectation that they would work from home. This changes the terms of employment that they were hired under.
So that nine years of my life were just a dream, not it isn't aways the case.no...always...I have worked in the cyber security space for 20 years. It has ALWAYS been this way This is the norm for exempt versus non-exempt. Companies dangle the benifits of higher pay and larger bonuses acruing more vaction and sick days and other incentives to offer to employees. If you worked at a company that did not do this then leave that company...or don't take those positions.
Respectfully, Elon is NO saint, Twitter is way too political anyhow. But you know as well as I do, the money used to buy Twitter is leveraged funds and loans, and in no way could SOLVE feeding everyone who is hungry. If enough people cared that could be solved without expecting one person to just bail out a problem that never works. Secondly, anyone working for these companies makes way more than an average worker who slaves away at their job trying to make a living. I have no sympathy for those in silicon valley, I am sure they can live off a severance for a few months and if they have real talent will have no problem finding another job just as cushy as they have now.What a waste of money. He could have used that money to save humanity or eliminate world hunger. I feel really bad for the people working at Twitter and they have to deal with Elon. The fact it’s around Thanksgiving and holidays time makes it worst. I believe in Karma and Elon should too. 🧿🪬
I have already reactivated my resume on all major employment sites.
That would be one reason he might want twitter to fail -- a tax write-off.Or... pay taxes? Maybe?
as you should.....but them maybe...just maybe.... this is a ploy to see who is ready to jump ship at the first sign of conflict. I doubt very much any company will tell their employees they will have to work double shifts from now on going forward. They would efectively elimate themselves from hiring anyone new at that point.I'm well aware, but if my manager called me into a meeting saying we need to work 80 over the next couple of weeks to get this project done, I'll do it knowing I will mostly get some comp time and maybe a bonus. If my manager calls me into a meeting and tells me the new norm will be 80 weeks going forward, I have already reactivated my resume on all major employment sites.
They are doing plenty on their own to get to the same end game.If only he could buy Meta next…