WARNING | Get Ready For FRACTIONAL Paychecks
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- Опубліковано 11 вер 2024
- WARNING | Get Ready For FRACTIONAL Paychecks
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Fractional employee = part-time job
Think retail
JUST ANOTHER GOOD REASON TO GIVE YOU LESS HOURS SO THEY CAN SCREW YOU OUT OF CO. HEALTH INSURANCE!!
You can thank Obama for that crap. Before the government got involved health insurance was at least affordable for most people. Afterwards it went up drastically for most people. My mother was the one who got our health insurance for a family of 4 for less than $400 a month before the government got involved, afterwards it went up to $1,400 a month. This was not the companies choice to do that either, it was the health insurance company that forced it and her boss even paid more out of the company money to help keep it lower than the health insurance company wanted to make it. Oh and they got less coverage but everyone still had to pay more.
Nobody understands this. I don't get it.
Nobody is screwing you out of anything. You accept the terms of employment. If you don't like the terms you don't take the job.
YOU ARE WRONG SOMETIMES EMPLOYERS DON'T KEEP THEIR WORD AND JUST PLAIN SCREW OVER THEIR EMPLOYEE'S IT HAPPENED TO ME AND ALOT OF OTHER PEOPLE TOO!!!@@sugarmcdoodle3514
@@sugarmcdoodle3514 the problem is. You are forced to accept it. Otherwise it's the government gonna screw with you.
It's a lose lose situation that needs to be fought back against
Fractional hiring is just a fancy way of saying "Part Time"
Came here to say exactly that. This is nothing new, just rebranded. I've been a part time worker for most of my 20 years of working.
Well, if they don't call it part time, is it possible to claim full time benefits? No. I know that. But it is a good question
Labor ready, work force.
when they need you they know you, when they don't need you they don't know you.
If you are getting paid more per hour, you are not part time you are casual. No Annual Leave/Sick Leave/PTO/Holiday Pay etc
This will destroy SS and other government programs.
Jesus is coming back very soon.
@@rebeccaburgess5333 Yeah, no.
@@rebeccaburgess5333did you see it in your crystal ball?
They're also doing this so that they don't have to pay benefits because you're no longer full time.
Alot Of People Don't Understand That Just Because You GET Benefits. Does Not Mean The Benefits Are Good.... If The Benefits Are Lackluster You'd Be Better Off Buying You're Own Insurance..
Isn’t this the same thing as Part-time? I hate how people call things by different names. It’s part time hiring is now preferred by companies. Same crap!
I am a fractional worker for family dollars upstate Syracuse New York. I didn't know what I was had a name but I'm the less than 15 hours a week employee. They try and get the most work out of us by piling tasks ten people could do on one person for short hourly pay...not worth it.
Abuse
@@beckysharpe20Indentured servitude.
Did you leave ?
It’s called part time.
Yup happened to me at a pizza place , got hired and worked a week and realized when I was doing more than the dude that trained me was doing.
I basically did his job and mine..
Temp work is what it is just trying to re label it
The thing is people are resilient and they will figure it out like we always have! I see more than ever people down sizing living off the grid living in tiny homes buying campers rvs vans cars etc….yes extremely comfortable lifestyles will change maybe but it may be a good thing for change….. and this new way of companies hiring in this manner people will not do this long term and their turn over will be higher and a lot of low morale!! Again as humans we are resourceful and will make it work to live and thrive even it isn’t the same
Newsflash! When people have less money, they spend less! When corperations dont pay us, we dont pay them!
In that case I’m only going to be doing fractional purchasing.
As someone who was performing maintenance all day, they'll just make you do 8-10 hours of work in a 4-5 hour day and pay you half. When you only get half the workload done, they'll complain and threaten to fire you. That's when you start a side business for the remaining 6 hours you could have worked and put them out of business. 😂
Fractional Hiring=Part time employees, plain and simple. They don't have to pay you any benefits and you do twice the work as an 8 hour employee. Maybe they should fractionalize their CEO's who make all the big bucks. No CEO's work is worth the amount of money they make. These Corporations and their CEO's are beginning to remind me of Government. SMH...what the hell are people supposed to live on.
I think it’s going to force employers to get used to the idea that you could be working for multiple other employers. Since it might take 2-4 fractional jobs to get to 40 hours of work in a week.
So basically just like contract work.
Big trouble coming to work class, employers less employees and with ai chat gpt bot and ai robots more work with out pensions and vacation and sick days and don't stick, 2030 agenda going to look very different, new jobs with new economy.
Putting the screws to us… 🤨😟 thx for keeping us updated.
I wonder if I could pay fractional rent.
Then you'd get a frac. room.
Why are we paying while on vacation and I work 8 hours a day why am I paying when not using my rental
1965 CEO pay was 21 times that of workers, today CEO pay is 344 times that of workers. If a company can't hire you full time than let the CEO pick up the slack. I wouldn't work a part time job ever, it's a complete rip off doing so. The business doesn't have to provide benefits to part time workers. Let these greedy corporations fall by the way side.
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Waking up every 14th of each month to 210,000 dollars it’s a blessing to I and my family… Big gratitude to Maria Frances Hanlon🙌
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Maria Frances Hanlon, has been an amazing experience.
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Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still
believe in God
Lay offs, fake job postings, fractional hiring? What will they think of next? Are we all going to work as 'robot polisher'?
Ubi 15 minute city's
@@alanzielinski7738Socialism is the worst thing they could do. It doesn't work.
What's next, work for free.
@@darrylloo4080 UBI is socialism. It doesn't work its the worse thing they could do. This is for the 2 comments above. YES they would love to work you for free. God bless
@@darrylloo4080work for a bag of food
Crazy I just encountered this applying to FedEx with an offer of fractional employment I didn’t take it
This sounds more like a downward economic spiral for the employee leading to an ecnomic downtrend for the country.. How can a young person make financial plans with this insecure arrangement. Great for the company, but the employee is disposable. I can easily see how the four employee scenario plan can devolve into sabotage of each other creating an HR nightmare. This sounds like a Hunger Games plan.
That's the point.we are headed towards digital serfdom. They are talking about changing bankruptcy laws and basically bring back debtors prisons.
Fractional hiring sure I'll give the boss a very fractional job as I look for a better REAL job...
Remember the UAW strike? They wanted a 34 hour work week AND a big raise. Strike settled, jobs went offshore = Zero hour work week! What is the Biggest Oxymoron? Union Worker!
Yep, it looks like more union jobs will be headed out of the country soon. UAW did themselves in big time.
Funny how Europe is all unionized, great pay, great benefits, and time off.
You don't really have any point
@@MyerShift7let’s not base anything off Europe.
Ahhh the good old American Dream... starting to sound like an American Nightmare
Contact your constituents letting them know they will be losing votes. Your voice matters. 😊
In Australia we have a lot of casual jobs, more pay per hour, but you don't get as many hours and have no protections(apart from that afforded by the usual workplace health and safety regulations), Employers aren't even required to inform you that you're being let go, they just stop giving you hours and then quietly remove you from the books, this happened to me this year.
Some CEOs over 50. displaced by a company buyout..getting offers to work ONE WEEK out of the month at a new company .. It's not just janitors or fast food workers.
I work 10 hour days for 4 days. Getting less hours would severely impact financial security because companies are not paying more for the time lost nor are they raising thier wage
I have always had a 10 to 14 day. 40hr only pays bills . Ot for anything else, fixing things going out. Stuff bad only getting 38 hours going in hole thanks JB good job!
Men have worked more than one job to support their family
Fractional new word for part time I guess
How do they expect people to pay for basic living expenses and necessities with fractional hiring?
I have something to say to all greedy people, you will fall for your own demise and when you do you will take absolutely nothing to the grave. Repent whomever you are and turn away from your ways and turn to Christ and He will Forgive you.
This is what sloppy Joe was talking about when he told us about the build back better plan. The extreme rich will own everything and everyone else will live in extreme poverty.
That’s been the plan since forever. Plandemic only part of the plan. See a revolution on the horizon .
I wouldn't work for your so called friend if he paid me I hope his company goes bust due to his greed... sorry Mike I love you though, your videos are very eye opening and thought provoking
Lets boycott these businesses, stop buying stuff. Limit all spending to basic food.
Support local farmers
My friends are working merchandising, stocking of shelves for a particular product or a particular chain of stores. After hiring, they work through an app, accepting certain assignments during specific hours. They go in, stock what is required and take pictures to submit of the stock before & after. Sometimes they may need a signature of a store manager to show completion. Often they can accept or deny available assignments according to their own schedules ahead of time, thus creating schedules around school, other jobs, or children's Dr appointments etc.
Its not that we are working less, its that EVERYTHING has increased in cost over the last 3.5 years by 30% to over 100% for the same amount of goods, or less in some cases. Thjngs may cost the same, but packages contain less. Its all by design.
I could afford Netflix. I chose to cancel for other reasons.
Unionize. Also eliminate "right to work" bs.
Sports and hobbies, lol, your funny. I’m busy fixing and repairing things at my home. Ya’ll still don’t get it yet.
Been going on in Switzerland for years. When you apply for a job you are asked first how much you want to work.
Fractional hiring equals legal way to deny giving any benefits for employees. No health care, no vacation days, no retirement plans. They can hire 2 or 3 part time employees and still have someone there for the full work week and not have to pay any of those benefits. Just another way to increase their bottom line while sticking it to the American workforce.
At my job, the only time you find a "fractional employees" are people that has retired from there but chose to still work part time. Mostly in the assembly department where the work isn't as physical.
LOL. Some of these same companies one of their major complaints have been Employees are no longer loyal to the Company anymore. I wonder why.
I still haven't gotten an answer to the question how are companies going to sell their products if no one can make a living
thats when the board gets flipped in monopoly
TOO MUCH FREEDOM ALWAYS BRINGS ANARCHY IN ALL OF HISTORY. LENIN ❤️
It won't work ......
The practice of “many part time workers” is not new. When big box discount stores began in the 70s, most could not, and still can’t get full time hours, and not paid (and not getting overtime for the isolated extended shift) and not beni’d as a full timer. Hospitals were, and still are notorious for staffing this way.
My husband started his own business about nine years ago as a fractional Chief Financial Officer/Accountant for small businesses who can't necessarily afford to hire him full time. He has a small staff who perform various levels of tasks depending on their education and skill set, some part-time and some full time. He has a huge variety of businesses he works for which is fun to him. He's developed sort of a niche in our area although he does have three clients in California and one in Utah as well. By the way I live in the Tri-Cities so not far from you! We actually lived in western WA for 17 years.
I'm glad it's working for him. God bless
@@joeconley897 Thank you, Joe. God bless you too, brother.🙏
Hotels in HI. has been doing four years.
They will have a for hiring sign in the window. This generation refuse to do more work for less money.
I hit like each time, I very much value your advice!❤
The solution is actually quite simple. Any business that engages in this practice will not, I repeat not get my business. Same with companies that engage in dei. I refuse to do business with them. Money talks and bs walks.
Makes me think you have various issues
1) a lot of unskilled work , warehouse work and even service related work are doing this on many sectors to save costs and remove benefits ( from dollar store to Amazon to even banks )
2) DEI and No discrimination clauses … should have been enough to level the playing field but I’m under the impression …that any minority in any position bothers you ….even with degrees and certifications w years of experience
….so as this country demographic changes what do you think is best for the work force ??
@Shineynsparkles what does skin color have to do with it? Dei is a very big problem. Quality of service is what is needed. Does not make a difference who it is as long as they are the best at it. Dei is against quality of service. Dei is political equity not equality. Communism is not a good thing. It tears down society not build it up. Make the best effort and get the best work or don't complain about what is not being 'given' to you. We don't need weak slackers.
This has been on going for years now... 1 person for 10 jobs.. now its moved to 15 jobs for 1 person. 🤦
Fractional sounds like contract labor.
When I worked I wanted a 40 hour week I was debt free and I got that way working 80+hours a week. I put money where it did me the best and I just wanted to have a life. They insisted on overclock and I was injured again I was already hobbling and running out of parts to break .
Fractional sounds great, just list exactly what my job is by detail. Because once one of those 4 quits, don’t be throwing that other positions’ work my way. Don’t call me when I’m off. Pay me what we agreed upon. This will allow me to have multiple jobs.
I have a Son who recently got a job at a clothing and accessories store just a few months ago and he only gets a call when they need him which sucks, Why? Because you tell me how can somebody survive with 1 day or 2 a month for only 5 or 6 hours? Absolutely nobody can Survive with $140.00 for 2 days paying rent, gas, food, clothing. This all comes down to pure Greed. Sadly but it's Truth what my LORD said that, "For the love of money is the root of All Evil."
Fractional hiring, job sharing, part timing - all fancy terms for same meaning - screwing the little guy
I do medical scheduling that has to be full time but I see what you mean for other roles
companies have been doing this from the80 s if not earlier....
Let them run their own companies
Into the toilet and hopefully go under.
Who will afford Goods and services when this biz model is implemented
"working less hours"...
I certainly am not.
To most companies, employees are just asset the company has. No different than a vehicle, computer, or desk, although an expensive asset. An employee is also a liability to a company. They are expensive and if able to be replaced with a newer and cheaper model, the company will. Look at WalMart with self checkouts. They saved millions in payroll expenses by eliminating cashier positions. The human element rarely enters the decision making process, when it comes to employees. Maybe 75 years ago they did. But today's new crop (boomers & younger) of executives rarely consider this. It's all a numbers things.
If its near the home & the govt assistance help , for what ever reason
Yeah I work less hrs because I arrive late and leave early.
So give the American people a stimulus.Che can spend billions and billions all around the world, but it's unexcusable.When you can help your own people.That's what you call pathetic before one or two thousand four I looked it back there in terms of
Is that legal to change to fractional hiring? This could cause many to rather. Deal drugs,instead of working and making an honest living?
I must agree white collar office work has never been productive for more than 3-4 hours on a typical 8 hour day. Many hours are wasted by checking their phones, chatting during coffee breaks, sitting thru meetings, daydreaming etc. Gets worse at higher management levels.
It won't last, unsustainable
All true and imagrants illegal to come here illegal
And potentially when people realize that and find out that that's how that company works. They won't want to work for them so the company will have a harder time getting an employee unless the bottom drops out then everybody's looking for work and getting whatever they can
Just job stack remote work.
Problem solved.
Well I won't take a job like that to begin with 😮
THANK YOU!!!😊
This isnt new. This happened in masses right after they passed the ACA
Good job cousin. Seven words for the algo.
Fractional paychecks are a good way to end up with a fractional body.
Well, there always was the casual. part time, or seasonal positions when I worked, so many people had two or three of those types of jobs that they had to juggle to make ends meet. Kind of just a new approach on this concept of being employed these days.
Hi Mr. S. R. and all.
Bro that's how the world works man we are not obligated to give everyone a job it's who best fits the role. I don't understand the issue here.
Fractional effort is gonna be the norm.
McDonald's BACON is starting to get Nasty!!! Specific Certain Taste... Killed it to early or late, may have been under stress during process....
I’ve been living like this my whole life, paycheck to paycheck. Welcome to poverty.
I am now wondering about fractional employees. Will they be able to get unemployment on reduced work week hours?
As long as a company can hire two people to work twenty hours each, verses one person for forty hours they will. They get the same amount of work without paying benefits.
This started when the government stepped in and forced companies to pay the benefits over thirty two hours a week. Before this people would work forty hours plus overtime.
Now people are forced into holding several jobs to get enough hours to make ends meet.
In certain fields though, like engineering, medical, educational you find that this is not the case.
Jobs that take longer times to train for, have more hours and benefits compared to those jobs that have a short training time.
Thank God I am self employed
I call this the McD's model/each restaurant may have 2 dozen employees but they only schedule each employee for a few hours a week and if they lose an employee or two a week, they just bump up the hours of another until they hire more victims and in this fashion they always have enough people to cover their shifts but without providing them benefits.
This is when you start turning junk into Gold on your non work days.
AKA part time. How many hours do we guarantee part time employees? 0
I have a small business and need a part time supervisor while im gone. Who fits the job is retired people who just looking for 2 to 3 day job a week and they happy
Its not new its always something new or a new way of looking at it ,bto get experience or be active in there career while looking for a better job & time opportunity , or a 2nd job
The thing is employees, especially Gen Z and millennials are working more hours than any other generation
Yes people also don't understand we have to match your taxes. When you pay tax we pay tax. Get insurance from Obama care
Fractional rent payment.
Not enough enough unemployment benefits global mass layoffs 8oomillion x8 thy whole world thy entirely new world
34.5 hours not where i work. A good week il get 50 on a bad week.. 60-65. in regarding a janitor lots of jobs people are good at them because they have done them forever. A janitor who's done the same job for 20+ years vrs year 1 guy. if millions are out of a job.. then there is no income x millions. therefore the product that these company's are trying to sell isn't selling because no one has money...
We are all going to be substitute teachers now.
I’d say fraction hiring is okay if that’s how they want to do things, but they’ll have to give all benefits at 10hrs worked instead of 40. These buisness think they are so smart but if they want to change something that it will impact them negatively I retaliation.