Sometimes there is not enough work to hire another person full time so overtime would be cheaper
In that case I would think it is poor management...
I pay overtime because I know some of my employees need it. Sometimes an employees skill set just can't be matched.
Its more efficient to pay OT!......
It's cheaper to pay overtime than it is to pay full wages to another full time employee, and if there are benefits, to pay benefits for the additional worker. OT is usually sporadic, at least it has been in the places I've worked, so it's not a constant thing, whereas an employee would need to be paid all the time.
Around my area they will fire people or pay them off to retire earlier and then they will
not pay over time it is cheaper for them to hire a new person and pay them less money
than to pay over time.
Because of the 'pain in the @ss' factor.
it's cheaper in the long run because by paying a current employee they don't have to interview, train, clear, or pay for insurance like they would for a new one.
Right, if they stay and if they are needed to stay