Working overtime: exploitation or opportunity? Working Overtime Definition of Working Overtime Working Overtime is to spend time working in addition to the normal working hours. People usually do it because they have to, not because they choose to – typically as a result of projects swelling out of proportion, or because someone got their estimates wrong Working Overtime_EMPLOYERS’ view Opportunities when Working Overtime • 24/7 coverage. • Staff variations: Short-term personnel shortages can occur as a result of employee turnover or absences such as vacation, illness, jury duty, military leave, bereavement or disability. It allows employers to quickly respond to short-term variations in workload or staffing while only having to pay for the time needed. • Labor market considerations: It can improve the organization's competitive position in the local labor market because many employees like the extra income overtime provides. • Cost savings: It may be less costly than hiring and training a new employee. • Workload fluctuations: demand for products or services is not constant throughout the year; seasonal or periodic variations may occur to adapt to these seasonal busy periods. Working Overtime_EMPLOYERS’ view Problems with Excessive Overtime An overtime-dependent workforce. become dependent on that additional income as a source of their regular pay. • Safety and quality issues: there is no question that long hours of work result in less sleep and poor quality sleep. When employees work lots of overtime, they do not get sufficient time off to recover or catch up on their sleep. This, in turn, can lead to fatigue and reduced alertness. • Absenteeism. long work hours to be associated with variety of health problems, particularly among older workers. Long work hours also appear to be linked to changes in lifestyle behaviors such as smoking, coffee and alcohol consumption, unhealthy diet, and lack of exercise. Ultimately, these unhealthy choices will be reflected in the organization's absence rates. • Lower productivity. when high levels of overtime begin, marginal productivity slows. In other words, the total output increases, but the hourly productivity is lower than it was during the first 40 hours. Working Overtime_EMPLOYEES’ view Opportunities when Working Overtime 1 2 Additional compensation: Extra hours can often mean getting paid time and a half, or sometimes even double pay. If you’re looking to make some extra cash quickly, overtime can be the easiest and most obvious solution. Greater schedule flexibility: For those who offer employees time in lieu for overtime, it can be useful for fitting work around personal commitments – working slightly later on a Monday so you can leave earlier on a Wednesday, or come in slightly later on a Thursday. 3 Take advantage of individual productive flow: We all work in different ways; some of us do our best work in the mornings, but if you’re a night owl, you may not get into your flow until late afternoon. Working Overtime_EMPLOYEES’ view Physical Health Problems • Overtime work stress can lead to ulcers and other issues in your stomach • Heart problems • Higher blood pressure Decreased productivity Mental illness • Working overtime may double your chances of developing depression Cuts into your personal time • The more hours you stay, the more you discrupt your work life balance Lead to Job dissatisfaction More questions about Working Overtime? THANK YOU