Ah, labor
Study Boosts Case for Flex Time
Researchers at the University of Stirling in Scotland found that employees on an annual hours contract in the United Kingdom earn a 13 percent higher hourly wage than weekly workers. The most compelling employer perk is a 50 percent reduction in overtime.Meanwhile, Paul Harvey reports this morning (via the radio) that a US labor union is seeking to cut costs for the construction of their new headquarters...by hiring non-union laborers. Gads, I wish I could find that story!
But unfortunately for Americans who get paid by the hour, this fabulous-sounding arrangement is illegal in the United States. It flies in the face of the Fair Labor Standards Act, which says only salaried workers can work on an annual hours contract.
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