Are you dismissing or denying the near certainty that many employers are going to pressure employees to "opt" for the OT compensation that they will never use?
Neither. I am stating facts. But I'll agree with you. If this bill is passed, shitty employers will break the law and pressure their way into not compensating their employees for overtime.
That said, you will have to agree that even if this bill is
not passed, shitty employers will break the law and pressure their way into not compensating their employees for overtime.
In summary, regardless of whether or not this bill is passed, to not compensate your employees for overtime worked is a violation of the Fair Labor Standards Act.
To address your particular concern, the bill makes it illegal to pressure employees to make a choice they do not want. Will it still happen? Sure, by shitty employers who were already looking for and/or engaging in illegal practices to avoid paying overtime.
If a company elects to offer the PTO option to employees, overtime will be tracked and PTO will be accrued for those who opt in, which creates time records that otherwise might go unrecorded. So even if the company
does illegally pressure employees to opt in against their will, and then not allow the employees to take the PTO, records will exist that identify exactly what the employees are entitled to receive. These records would serve as one additional protection to the employee's compensation that does not exist under the current cash-only system, in which employers might pressure employees to not log their overtime, thus producing no records that identify what the employees are entitled to receive.
Further, if the company illegally pressures employees to opt in against their will, and then pressures the employees to not log their overtime, they've just engaged in two illegal practices when they could have just engaged in only the latter. Good luck with that.