Yes. Depending upon how you request it, and what you request, you could get one day's wage for each day they are late paying your wages. You have a misunderstanding about the limitation of the penalty wages. That limitation is only if they pay all wages within 12 days. You should contact an employment attorney who handles wage claims to discuss the best way to proceed. The difference in the penlaty could be several thousand dollars depending upon multiple factors including your wage rate.
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Yes, as long as you are not counting weekends or holidays as part of the 48 hours, and you are not represented by a union; if the latter, there may be exclusions as part of a valid bargaining agreement. If payment is not made within 12 days from written notice, the penalties are not limited to the amount owed, just the 30 days. There are also a few other exceptions. See ORS 652.140-150.