SearsCanada
Joined: 29 Mar 2006
Posts: 1211
Location: Ontario, Canada
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Posted: Sun Jan 28, 2007 6:20 pm Post subject: Overtime and retail...... Wally world pays up!
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http://finance.sympatico.msn.ca/investing/insight/article.aspx?cp-documentid=2518864
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Wal-Mart Stores to pay US$33 million for overtime violations in U.S.
By Marcus Kabel
January 25, 2007
NEW YORK (CP) - Wal-Mart Stores Inc. will pay US$33 million in back wages to thousands of employees after turning itself in to the Labour Department for paying too little in overtime, according to an agreement announced Thursday.
Steven Mandel, associate solicitor in the Fair Labour Standards Division, said the case - involving nearly 87,000 employees - resulted from Wal-Mart coming to the department in early 2005 and asking for a review of its overtime calculations.
"They had some concern that some of the practices were not in compliance" with federal wage laws, he told a conference call for reporters.
"It's not particularly unusual for an employer to come to us and talk to us about potential payroll violations," Mandel said. Mandel said the settlement was one of the largest ever reached by the department's wage and hour division.
Mandel said the department carried out a national review of all Wal-Mart stores over a two-year period from February 2005 to this year.
The settlement was approved Thursday by a federal judge in the U.S. District Court for western Arkansas, Mandel said.
The highest award to an individual employee was about $39,000, he said. |
The highest award is $39,000, but they only examined two years of records???
Yeah, Wally world volunteered the info, cause they knew that if a union proved it, they would have picket lines across the country, almost immediately!!
The best part is, because it didn't have to go class action lawsuit, no losses to the lawyers... Congrats to all Wally World employees.
But it is nice to see a little justice for the poor worker.
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