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TopicRepublicans pass bill to allow companies to not have to pay employees overtime
Dynalo
05/03/17 10:20:51 AM
#13:


Solid Sonic posted...
IMO it might be better to mix the two. You get extra time off for extra hours worked but if you don't use it by the end of the year, it gets cashed out at 1.5x your payrate (so you can't carry over overtime PTO earned year-to-year).


That's basically how my company deals with it.

We get paid at 1.5x if we choose to get it paid out in cash. We get it at a 1:1 ratio of we choose to have time off.

But we can carry it over year to year. If it gets high enough, they'll insist some of it gets paid out though. I'm not sure what the threshold for that is though, since I'm at over 300 hours of banked time and they haven't forced me to take it yet <_<
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