Day rate pay with overtime

Thank you for explaining that. I think any company that uses chinese overtime needs to make it clear to EVERY driver what that means long before they get to orientation

 

holy crap. That’s robbery. I would refuse any overtime!

 

never heard the term "day rate" before.

hourly rate, yes.

 

Doesn't matter that the "law" says they don't have to pay overtime. No way would I take an hourly job that didn't pay time and a half after 40.

 

Worked for the big green machine garbage company in Florida for 13 years. Started as "day rate" which even the hiring manager wasn't able to explain sufficiently to me. Eventually they changed to hourly with real OT but the cameras and "efficiency" ratings then became the driving force. Anyway, the day rate with Chinese OT model is called: Variable Rate OverTime. There are numerous companies that use this model (national snack chip company, beverage company, uniform company, garbage companies). They offer a day pay (as an example we'll use $100/day). If you work 5 days, that entitles you to $500. That is your salary. If you were lucky enough to be able to work only 40 hours, you would get $500. If you work 50 hours in 5 days, divide your "salary" by the number of hours worked to establish your new hourly rate. This will be used to calculate your new adjusted salary and also your OT rate. So, $500 divided by 50 brings your hourly rate to $10/hour and your OT rate to $15/hour. Now, your 40 hour pay is based on $10/hour = $400 *yep you just lost $100. Don't worry because your generous employer is giving OT for the other 10 hours (10 hours at $15/hour = $150) Your new weekly pay for 50 hours is $400 + $150= $550. You just made $50 extra for 10 more hours of work. This is done to encourage you to push to get done with your workload. The more hours you put in, the lower your 40 hour pay rate will be therefore decreasing your OT rate. But you will make more money but it's just not worth it. Oh, and if you call out sick, you could've worked 50 hours in 4 days, but because you didn't work 5 days you are not getting OT.

 

Holy ####! Finally an actual answer that clearly answers my OP! Thank you for clearly explaining how that works. However, so far, I'm not sure that that's whats happening here. I work for the "other" Green company. I get $800/wk plus overtime for anything over 40 hours. Apparently the overtime rate is $9/hr.

 

I did 7 months with "another" green Florida company. And no, they are not Pro's. In fact, not many Pro's to working there: Day rate, Chinese overtime (VROT), incredibly expensive health insurance premiums, unreasonable work volumes, routes too long for a CNG truck to complete without running out of fuel. I was on FEL route than ran 5 days one week (63 hours) and 6 days the next week (71 hours). Day rate made me leave garbage in Florida completely.

 

Thats just it... The job isnt hourly, its daily. 40 has absolutely nothing to do with a day rate job... And if you and your family were hungry enough you might reconsider your previous statement.

 

The Contract Agreement/Application should be read before signing anything. I never heard of this besides when I worked for a job for Food Refrigerator Equipment and the Owners told me that I would be paid Overtime in cash (I assumed for their taxes). I was young and my 1st trucking job and also needed the experience but after 3 months I left.

I'd look for a more a reasonably normal pay type job that pays time & half at least after 45 hrs. Especially because Inflation rates increase annually.

 

Good luck you'll need it