return2ozma@lemmy.world to News@lemmy.world · 16 hours agoCostco Increases Pay to Over $30 an Hour for Most Store Workerswww.bloomberg.comexternal-linkmessage-square71fedilinkarrow-up1711arrow-down16file-textcross-posted to: [email protected][email protected]
arrow-up1705arrow-down1external-linkCostco Increases Pay to Over $30 an Hour for Most Store Workerswww.bloomberg.comreturn2ozma@lemmy.world to News@lemmy.world · 16 hours agomessage-square71fedilinkfile-textcross-posted to: [email protected][email protected]
minus-squareAgeroth@reddthat.comlinkfedilinkarrow-up17·6 hours agoHad to look it up myself, it’s their name for what Americans call “overtime” like if you work over 40 hours in a week, any hours you work over 40 are paid out at 150% of your normal rate, some places do 200% for Sunday or holidays. Found this article from a couple days ago. https://www.actu.org.au/media-release/1-million-australian-workers-at-risk-of-penalty-rate-cuts-while-bossesare-promised-free-lunches/
What’s a “penalty rates”?
Had to look it up myself, it’s their name for what Americans call “overtime”
like if you work over 40 hours in a week, any hours you work over 40 are paid out at 150% of your normal rate, some places do 200% for Sunday or holidays.
Found this article from a couple days ago.
https://www.actu.org.au/media-release/1-million-australian-workers-at-risk-of-penalty-rate-cuts-while-bossesare-promised-free-lunches/