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View Full Version : WHOA!!! Big salary / math issues here.

cruelpupet
12-16-2002, 12:53 AM
If Im correct...there might be a big payday for me and 3 others (who make more than me, and work more overtime then me)in my departnment
EDIT: it affects everyone...but only 4 of us work insane overtime

Please let me know if you see error in my logic.

Y = my yearly salary
H = my hourly salary
O = what Im owed

1885 = num of hours worked in a year for 36.25hrs a week
1950 = num of hours worked in a year for 37.5hrs a week

Okay..heres the short intro. When I started full time at my job, my boss said I would get paid Y per year. Now heres the interesting thing...95% of my company works a 36.25hr week. Apparently we get paid for 37.5hrs. Hum Res did this so our 2 week pay check is 75hrs an even number. I would assume this was to make the math easier before computers (my company started around 1800.)

Now I dont see my company just giving peopel an extra 1.25hrs for free, and this is backed up by the fact that Y = H * 1950.

This would not be a problem if I didnt work overtime everyweek, or if 1.25hrs was added regardless of the # of hrs worked. But as I hit 37.5hrs almost every week, I am losing money.

This also means that they have not lived up to their verbal contracts of paying me a base salary of Y per year.

So heres the math....

O = ((Y/1885)-(Y/1950))*1885
for those bad at math... they owe me the difference of the payscales times the hrs worked in a year...but it doesnt stop there.

D = Diff in pay scale

Theres also the dif in payscale for the hours beyond 36.25hrs a week (AST, Additional Straight Time) and 1.5* the difference for the overtime above 40hrs a week.

My AST (rough estimate...rounded down a bit) = 45 hrs
My 40+ overtime (rough estimate...rounded down a bit) = 200 hrs!!!!

so heres that math.....

O=(D*45)

O= ((D*1.5)*200)

this year alone will end up being a couple to several thousand dollars for me...almost double for at least one of my coworkers.

cruelpupet
12-16-2002, 01:08 AM
Plus theres retroactive for past years work!!!

and do we get compund interest on unpaid salary?

It never ends!!!!!

Cubsfan
12-16-2002, 02:07 AM
Originally posted by cruelpupet
Okay..heres the short intro. When I started full time at my job, my boss said I would get paid Y per year.

Ok, if your job is anything like mine, if the boss gives you a yearly salary, that's it. Whether you work 30 or 60 hours per week. It seems like most hourly employees never get quoted a yearly salary anyway.

The other hand, at any rate is it worth trying? It may be, but it may change the place's perception of you a bit if you're trying to get money out of them using loopholes.

Kevster
12-16-2002, 06:20 AM
The real question is are you an Exempt employee or are you strictly an hourly employee? This will be identified on your paystub. depending on the labor laws for NY, if you are exempt you are very likely SOL.

I'm an exempt employee and I get paid over-time when I am on-call. Otherwise, it's non-billable work time (and this year that added up to over 3.5 months of time!)

cruelpupet
12-16-2002, 06:53 AM
Originally posted by Cubsfan

Ok, if your job is anything like mine, if the boss gives you a yearly salary, that's it. Whether you work 30 or 60 hours per week. It seems like most hourly employees never get quoted a yearly salary anyway.

The other hand, at any rate is it worth trying? It may be, but it may change the place's perception of you a bit if you're trying to get money out of them using loopholes.

I was quoted a yearlyu salary, and I am a non exempt employee

LPMiller
12-16-2002, 08:50 AM
salaried people don't work overtime. It's the downside to a salary. The upside, depending on the job and the boss, is those weeks you work 30 hours or less and still get paid the same. Doesn't sound like that will ever happen to you though.

WhiskeyPapa
12-16-2002, 10:50 AM
I have had several salaried jobs where they show a certain number of hours on my pay stub. That's just for ease of bookkeeping. It's just numbers on paper and doesn't mean a thing.

I vaguely remember compaining about a similar situation at a job I worked 15 years ago. I was putting in at least 55 hours a week, yet my paycheck consistantly showed 40 hours. The boss said to ignore it, because I was paid a strait salary.

Jeffbx
12-16-2002, 12:52 PM
Originally posted by LPMiller
salaried people don't work overtime. It's the downside to a salary.

I'm salaried, and I work overtime!

I just don't get *paid* for overtime! :(

cruelpupet
12-16-2002, 12:56 PM
Apparently Im salaried....so my math wont work out.....well it might but its no longer worth complaining about.

and yes i do get overtime

mojo
12-16-2002, 01:00 PM
the boss saying stuff doesn't mean as much as having something written and signed that says the same thing. a lot of times a salary is quoted as an estimate to get one to sign. smarter folks will underpromise and overdeliver, as peeps tend to get pissed when it's the other way around.

if you're non-exempt, my guess is that your salary is calculated hourly, and that that is prolly what stuff was signed when you took the job. of course that's just me. i could be wrong.

cruelpupet
12-16-2002, 01:06 PM
Originally posted by mojo
the boss saying stuff doesn't mean as much as having something written and signed that says the same thing. a lot of times a salary is quoted as an estimate to get one to sign. smarter folks will underpromise and overdeliver, as peeps tend to get pissed when it's the other way around.

if you're non-exempt, my guess is that your salary is calculated hourly, and that that is prolly what stuff was signed when you took the job. of course that's just me. i could be wrong.

HAHAHA!!!! you assume too much of my company...we dont sign anything :P