Interesting People mailing list archives

IP: Hi, OT Law; Bye, Tech Boom?


From: Dave Farber <farber () cis upenn edu>
Date: Thu, 02 Mar 2000 21:17:36 -0500



Reply-To: <jelyon () jelyon com>
From: "John Lyon" <jelyon () jelyon com>
To: <farber () cis upenn edu>
Subject: Hi, OT Law; Bye, Tech Boom?
Date: Thu, 2 Mar 2000 17:17:17 -0600
X-Mailer: Microsoft Outlook CWS, Build 9.0.2416 (9.0.2910.0)
Importance: Normal

This may be of interest to IPers. Full article avail. at:

     http://www.wired.com/news/politics/0,1283,34692,00.html

Hi, OT Law; Bye, Tech Boom?
Reuters
7:45 a.m. 2.Mar.2000 PST
SAN FRANCISCO -- A new law requiring California companies to pay hourly-wage
employees overtime went into effect on Wednesday, amid fears that it could
have a chilling effect on the boom in Silicon Valley, which relies heavily
on highly paid, temporary computer programmers.

The new law, AB 60, passed last year, calls for non-salaried workers who are
paid on an hourly basis to receive overtime after working eight hours a day,
instead of 40 hours a week.


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