Pros
Okay, let's get into the weeds shall we? Compressed work week (CWW) shifts, which command your presence for 12.5 hours (1 hour is an unpaid 1 hour lunch), the employee is paid 8 hours straight-time and 3.5 hours at time and a half - each day! CWW shifts have a bi-monthly pay period so one week consists of 3 days and the next is 4 days. Each day consisting of 12.5 hours physically present and 11.5 of those hours being calculated for payroll. Therefore, one week has 24 straight-time and 10.5 over-time hours and the second week has 29.5 straight-time hours with 16.5 over-time hours. Remember to calculate correctly! Although each day is calculated for over-time, the second week reaches it's 40-hour limit on the 4th day after only 5.5 hours so the 5 hours remaining on the 4th day is all over-time not just the 3.5 hours as calculated in the days previous. Also, night shift employees enjoy a 15% differential which is factored in so that straight-time is equal to 1.15 times their base-rate and over-time is calculated at 1.725 times their base-rate! Absolutely delicious!
Kontras
Unable to find where Texas Employment law is requiring Texas Instruments to pay their employees in this manner. Therefore, this payment structure could all fade at any given time.