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CFO
October 1, 2006
John Goff |
Pain-and-a-Half What's behind the startling rise in overtime lawsuits? Confusion, collusion, and a dash of retribution.   |
Entrepreneur
February 2008
Chris Penttila |
Compensating Overtime Employees Here's why one entrepreneur hired on an HR person to take care of overtime pay. |
CFO
March 1, 2003
Alix Nyberg |
Avoiding Overtime Losses Managers and executives are joining class-action lawsuits that insist their companies have denied them millions of dollars in overtime pay. |
Inc.
February 1, 2003
Christopher Caggiano |
Red Tape: Are You Cheating Your Employees? Litigation from wage-and-hour disputes is skyrocketing. And you may be breaking the law without even knowing it. |
Inc.
January 2007 |
Excuses, Excuses If you're using one of the following justifications to explain why you're not paying overtime, you could be breaking the law. |
Entrepreneur
July 2003
Stephen Barlas |
Clocking In For low-wage workers, overtime may get more lucrative. |
National Real Estate Investor
November 1, 2005
Carey Bartell |
Are Your Overtime Pay Practices In Check? Many mortgage lenders are reviewing their own overtime pay practices to avoid a Department of Labor investigation or overtime pay lawsuit -- and the associated back wages and penalties. |
Entrepreneur
October 2004
Chris Penttila |
Time's Up New U.S. Department of Labor laws that deetermine who gets overtime and who doesn't are described as "clear as mud." Meanwhile, states with laws that are more employee-friendly than federal laws can trump the feds. |
Job Journal
September 14, 2003
Bob Rosner |
A Law for All Who Labor Labor laws safeguard your right to fair wages for your work. |
Entrepreneur
December 2003
Julie Monahan |
Overtime Overhaul? Congress challenges proposed changes to overtime eligibility. |
Registered Rep.
May 1, 2006
Halah Touryalai |
Wall Street Wage Fight An activist labor lawyer's allegations, if correct, raise serious issues on compensation practices at financial institutions. By applying a landmark, Depression-era labor law to the brokerage business, he has settled class-action suits against two wirehouse firms in California already. |
Registered Rep.
December 1, 2006
Halah Touryalai |
Department of Labor to Brokers: No Overtime Pay for You Here is a new twist in the broker overtime pay lawsuits: The Department of Labor (DOL) says brokers are not entitled to overtime pay after all. Well, that is, unless the DOL is wrong, which it allowed could be the case. (No kidding.) |
Entrepreneur
November 2006
Mark Henricks |
Working Classes To exempt or not to exempt? That's a tricky question. Misclassifying your employees could land you in hot water, so do it right. |
Registered Rep.
September 1, 2005
Kristen French |
Ready to Punch a Time Clock Merrill Lynch paid $37 million to settle claims that it owes thousands of former brokers overtime pay. Now, class-action attorneys smell blood. |
Registered Rep.
May 22, 2006
Halah Touryalai |
Brokers Ring Up Another Big Overtime-Pay Settlement Citigroup has agreed to pay a up to $98 million, a record-breaking figure, to past and present advisors to settle their overtime-pay claims. |
Fast Company
Lydia Dishman |
New Rules For Overtime Pay: Blessing Or Curse For Business? President Obama announced this morning that the Department of Labor will propose to raise the salary threshold below which workers must receive overtime pay to $50,440 in 2016. |
Food Processing
September 2010
Brett Sutton |
Four Mistakes Food Processors Make in California The Golden State has higher wage and hour practices than federal standards. |
BusinessWeek
October 1, 2007
Michael Orey |
Wage Wars Workers - from truck drivers to stockbrokers - are winning huge overtime lawsuits. |
Registered Rep.
July 1, 2006
Halah Touryalai |
Ready to Punch the Clock? Most registered reps compare themselves to professionals, such as doctors and lawyers. However, it seems that according to an interpretation of federal law, financial advisors may be held to the same labor law standards as an hourly employee. |
Global Services
July 30, 2007
Vashistha & Khan |
Hire and Fire: Regional Labor Laws In these times when businesses thrive on global labor, companies must know and understand the employment laws of the countries they operate in. |
Inc.
June 2004
Jess McCuan |
Overtime Reform Overdoses on Politics The 66-year-old Fair Labor Standards Act is set to be overhauled by August 23, granting overtime to more low-income workers, reducing it for $100,000+ earners, and redefining eligibility for the service sector. |
Inc.
August 2008 |
Put Your Policies in Writing Five tips for putting your HR policies in writing. |
U.S. Banker
May 2011
Glen Fest |
Overdue on Overtime Many banks are still struggling with incorporating new hourly wage rules for mortgage loan officers, nearly a year after they went into effect. |
Registered Rep.
August 24, 2007
Halah Touryalai |
Overtime Claims Make Their Way To Schwab The lawyers involved in a number of overtime cases against major wirehouse firms, including UBS and Merrill Lynch, filed a new one against Charles Schwab in July. |
Inc.
June 1, 2003
Jess McCuan |
Comp Time Swaps Soon to Be Legit Private companies may soon be able to offer hourly employees paid leave time instead of overtime pay if Congress passes a bill as expected. |
AskMen.com
Terence Channon |
Work Overtime Strategically Working overtime is a reality for most of us. Learn how to work overtime strategically by following our tips. |
IndustryWeek
December 14, 2011
John Frehse |
The Overtime Lie How corporate strategy is holding hostage millions of dollars in profit. |
Registered Rep.
July 14, 2008
Halah Touryalai |
Morgan Stanley Offers $50 million In Overtime Settlement The settlement covers all financial advisors, trainees, producing branch managers, assistant branch managers and sales managers who live outside of California and were employed with the New York-based firm between Sept. 1, 2002, and April 21, 2008. |
BusinessWeek
October 1, 2007
Michael Orey |
Labor Law Time Warp America's New Deal-era overtime laws need updating, but the political will is lacking. |
BusinessWeek
October 15, 2007 |
The Clock And The Paycheck In response to a story about overtime pay, many readers cheered workers getting their due; others lamented a litigious and indolent America. |
U.S. Banker
November 2007
Karen Krebsbach |
Legal Losses Mount for Banks Found to Run Afoul of Labor Laws A recent spate of big-ticket class-action settlements against retail and investment banks over Fair Labor Standards Act violations is forcing firms to better arm themselves for battle. |
Registered Rep.
September 14, 2005
Kristen French |
Overtime Pay, Chargebacks Under Fire; Morgan Stanley Latest Firm in Lawyers' Sights A $450 million class-action lawsuit filed in New York against Morgan Stanley on Friday could have major implications for brokerages' pay practices in the state. |
Job Journal
January 16, 2005
Michael Kinsman |
Career Pros: No Hike Likely in Pay Raises If you were expecting a big pay raise in 2005, brace yourself for some news you've heard before: You're probably not going to get one. If you do, surveys say it won't exceed 4 percent. |
Registered Rep.
November 29, 2006
Halah Touryalai |
Merrill Lynch to Pay National Overtime Settlement The financial firm has decided to consolidate the numerous overtime lawsuits that have been filed against the firm and settle nationally with its brokers. |
Registered Rep.
August 8, 2006
Halah Touryalai |
A.G. Edwards' Challenge to OT Pay Fails Are registered reps hourly employees and, therefore, entitled to overtime? The overtime-pay case keeps getting stronger. A California court announced that it would not dismiss an overtime-pay case brought against A.G. Edwards. |
BusinessWeek
November 27, 2006 |
Table: Global Comparisons How China's labor conditions stack up against those of other low-cost nations. |
Registered Rep.
March 3, 2006
Halah Tourylai |
Third Wirehouse Coughs Up Millions In Overtime Cases Yesterday, Morgan Stanley became the third wirehouse, after Merrill Lynch and UBS, to settle class action suits with California brokers over overtime pay in the past seven months -- the second in three weeks. |
Registered Rep.
August 3, 2011
Kristen French |
New Merrill Overtime Lawsuit Aims to Overturn System of Compensation, Alleged Culture of Discrimination The giant Wall Street financial firms have settled numerous overtime pay and discrimination claims over the past decade and a half, but a recent suit filed in New York represents a new twist on some old themes. |
Reason
Aug/Sep 2001
James V. DeLong |
Old law vs. the new economy How New Deal-era regulations stifle flexible work arrangements... |
Registered Rep.
June 1, 2006
Halah Touryalai |
Overtime Settlements Stacking Up Citigroup agreed in mid-May to pay a record $98 million to past and present advisors to settle their overtime-pay claims. It's the fourth major financial firm to settle a class-action suit regarding overtime pay within the past 10 months. |
Registered Rep.
March 1, 2006
John Churchill |
Everybody Wants Their Overtime UBS said it has agreed to pay $89 million to settle class-action wage and hours claims of reps filed this past summer in several federal courts. |
Job Journal
August 6, 2006
Michael Kinsman |
Career Pros: An Advocate for Exploited Workers A corporate lawyer switches sides in the battle for fair labor, helping workers get what they deserve. |
Registered Rep.
February 22, 2006
Halah Touryalai |
Brokers Headed for Sweep in Overtime Pay Cases? Stockbrokers have won their second big overtime pay case against Wall Street firms and this may only be the beginning of a rout that could cost brokerage houses many millions of dollars more. |
Registered Rep.
February 9, 2006
John Churchill |
Pro Or Hourly Wage Earner? UBS Pays $89 Million to Settle Overtime Suits The settlement resolves claims that UBS incorrectly classified financial advisors and financial advisor trainees as exempt from overtime pay under federal and U.S. state laws. |
Investment Advisor
July 2006
Kathleen M. McBride |
B/d Briefing: Two Faces of Wall Street Few financial professionals expect to work a 40-hour week on Wall Street. So it was surprising to see the extent of rep participation in class-action lawsuits over broker overtime, and the astounding settlements that have been awarded. |
Job Journal
July 30, 2006 |
Jobwire Healthy hiring forecast... Inflation may consume that raise... On the job front... Online job matching meets older workers... |
Registered Rep.
September 13, 2007
Halah Touryalai |
Overtime Finally Pays Off Smith Barney brokers may be the first to cash in on overtime lawsuits that have been all the rage over the last two years. |
Registered Rep.
December 1, 2005
Kristen French |
Where's My Money? After California brokers won $37 million in an overtime lawsuit against Merrill Lynch in August, a slew of copycat lawsuits have been filed against other brokerage firms, many of them in New York. |
BusinessWeek
September 24, 2009
Peter Coy |
Why Paychecks Could Shrink High unemployment and low inflation may lead to a decline in pay -- and that could slow the recovery. |
BusinessWeek
January 13, 2011
Mehul Srivastava |
Why India Is Rethinking Its Labor Laws India's labor laws deter businesses from hiring more than 100 workers and are holding back the country's industrial growth. |
