Remember when we got paid overtime as engineers? I do. Just turn on overtime and quit playing games with “bonus for hours worked”. I am sure Honeywell lawyers have a story but… smells like hourly pay for hourly work and the rate is below par.
What was the number for the DCMA auditors again? This incentive purposefully encourages miss charging.
@3jdt+1dX55mNd - actually BIG DOG is correct for some businesses. Honeywell has many businesses. Not all are contract or government work
Sorry BIG-DAWG , but you're full of it. As others have stated, there used to be site-specific standards set for when OT was paid and how much it was compensated at.
Now, it is simply a box-checking, Contract mis-charging scheme to bill customers with no compensation to the employee...and those rates charged assume that there is "cost" incurred by the company, when we all know for a fact that there is no cost associated with it other than the cost of increasingly poor results from increasingly exhausted workers.
That's when lazy people took advantage and just sat around for extra pay. They weren't doing anything obviously because when free 6hr ot and no paid ot came, no one did any ot.
FAIR LABOR STANDARDS.
29 CFR § 541.604
https://www.gpo.gov/fdsys/pkg/CFR-2009-title29-vol3/xml/CFR-2009-title29-vol3-sec541-604.xml
See text below. They are touching dangerous ground with a bonus tied to hours worked and divorced from actual labor rates. Lot of problems with their approach.
There is more to this.. it is complicated.
‐‐---------------------------------------
Minimum guarantee plus extras.” That section provides that so long as an exempt employee receives a guaranteed salary of at least the minimum weekly salary level (currently $455 per week), providing an extra payment above the minimum guarantee does not jeopardize the employee’s exempt status. There is a caveat however. Under 29 CFR § 541.604(b), if the extra pay is computed on an hourly, daily, or shift basis, there must be a “reasonable relationship” between the guaranteed weekly salary and the amount that the employee actually earns. The regulations state that a “reasonable relationship” exists when “the weekly guarantee is roughly equivalent to the employee’s usual earnings at the assigned hourly, daily, or shift rate for the employee’s normal scheduled workweek.”
True. I got overtime as an e1 when I started.
If you were truly exempt then honeywell would not bill your customers by the hour.
They wouldn't need to ""bonus"" by the hour either.
Just a wink and nod admission that they over charge customers by stealing labor from employees and charging customers. Remember that they set prices for the government projects based on actual labor costs. Free labor from you is not in that equation. Might as well pass the plate at the church of honeywell. Where is my charitable giving receipt?
At least Match the employee hourly rate. You show it on every payslip.
@1pcj - it was for at least all of Aero, not sure about other depts. But it was a long time ago so it may have been before your time,
@1glg+1dX55mNd
That must have been site specific.
Actually, yes, engineering did used to get paid OT. It used to be you got paid at your normal rate for all hours over 42. Then it changed to anyone who made less than $80k got paid at their hourly rate for all hours over 45. Now engineers are expected to work months of free OT per year.
But at Raytheon, they can only work OT if approved and then get paid over a certain amount of hours. A much better dealer Raytheon is hiring by the way ....
Engineering has never been paid for overtime. We are as they say,
exempt.
A little extra to cover the inflated condition, why so bad and late?
Yes, back when the company bore the consequences of poor planning and paid for it. Then they figured out the could get the engineers to make up for either incompetent or deliberate planning deficiencies.