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Does anybody have a breakdown on how this bill works? I love the idea but I don't understand how it can guarantee no loss in pay for the long term. Companies could just stagnate the higher wages until inflation dilutes the buying power, right?
I also rather selfishly am curious about how this might affect a work schedule like mine. I do rotating shift work, 12 hour shifts. I stagger between 36 and 48 hour weeks. I kinda wonder if my company or entire industry might transition to either more crews locked at 3 12s per week or maybe move to 8 hour shifts and have 3 shifts per 24 hour period. Or maybe my schedule stays the same but the OT kicks in after 32 hours instead of after 40?
Major win for the working class, but I'm cautiously optimistic. If this passes, I'm concerned what bullshit loopholes or exemptions might be included in the final draft.