Landmark Ruling on PTO and Salary: What It Means for Salaried Workers and Employers Recently, a federal appeals court has made a ruling that has significant implications for salaried workers and their paid time off (PTO). According to the verdict, PTO is not a part of an employee's salary under U.S. wage law, meaning employers can take away PTO when salaried workers do not meet productivity quotas without violating federal wage law. (76 views)
Employers Misclassify Job Titles to Avoid Overtime Pay, Study Shows A new study from the National Bureau of Economic Research suggests that employers misclassify their employees' job titles to avoid paying overtime wages. This loophole in federal labor law allows companies to pay their employees' fixed salaries, even when they exceed their designated working hours. The study reveals examples of employees such as barbers being labeled as... (11 views)
American Companies Exploiting Federal Labor Law to Avoid $4 Billion in Overtimes Wages According to a study by researchers from the University of Texas at Dallas and Harvard Business School, American companies are avoiding paying approximately $4 billion annually in overtime wages by exploiting a federal labor law. The companies achieve this by artificially increasing job titles so that workers can be classified as salaried managers instead of hourly... (3 views)
Essential Guide to the Fair Labor Standards Act (FLSA): Anticipating the DOL Examination This is the first of a two-part series on the FLSA and what law firms and their clients should know. Part One reviews the importance of understanding the white-collar regulations and where most employers misinterpret them. The second part will provide an overview of the recent changes to part 541 of the FLSA, what you need to know about white-collar exemptions, and the... (86 views)