[lbo-talk] Executives promise to do worse in the future...

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Mon Jun 20 15:42:03 PDT 2005



> Tom did not mention the obvious reason for overtime -- a
> way of getting around benefits.

Is that really economical? At time-and-a-half?

I always thought overtime was the way to get around the fact that an 8 hour day doesn't divide very well into many tasks. So rather than hiring two people at 80 hours of pay to do ~50 hours of work (or even a 40 hr person and a 10hr person), it's cheaper to pay one person the equivalent of about 55 hours.

/jordan



More information about the lbo-talk mailing list