i beg to differ
my husband has the certs on the wall from educational institutions to prove otherwise (he works in the IT industry)....along with those, he had to get his physics before he could take them and had his electonics for years beforehand as well.
The more I reread your post, the more I think you work in a union environment. And the labour laws may apply that way where you live, but not necessarily apply the same as where I live in Canada. Overtime here (Nova Scotia) is a standard time and a half I believe. A lot of companies do time in lieu, which works great for us, we'd rather have the time off instead; money isn't everything. Grant you, I do believe in a fair wage for a fair days work.