Wal-Mart to pay $4.8 million in unpaid overtime

[alp227]

Source: Reuters

Wal-Mart Stores Inc agreed to pay $4.8 million in back wages and damages to thousands of employees for unpaid overtime after a probe by the U.S. Department of Labor found that the retailer had violated a federal law governing overtime pay.

Wal-Mart will also pay $463,815 in civil fines.

According to the Labor Department, Wal-Mart failed to pay overtime to certain employees, considering them to be exempt from overtime requirements, when they were in fact not exempt.

Wal-Mart said it has already adjusted its pay practices, determining that back wages should be paid for 3,700 employees in two roles.

Read more: http://www.reuters.com/article/2012/05/01/us-walmart-overtime-idUSBRE8401L720120501

[freshwest]

1. Glad to see the Department of Labor forcing them to change their practices and the workers paid.

[MADem]

2. Good. Why in hell would they think that people are "exempt" from not getting paid what they are

owed? Bastards.

The fine isn't enough, but it's a start.

[progressoid]

3. 4.8 million...

That's about what they spend on lobbying every year.

[matt819]

4. That's what they find under their sofa cushions

These sorts of rulings are a joke. Sure, the money means something to those who are receiving it, but it's not even close to a rounding error to the company or the family.

[Enrique]

7. no incentive not to do it again

fines are just a cost of business to them, like bribery.

[Art_from_Ark]

5. Here's more on that from a local (NW Arkansas) source:

http://www.4029tv.com/video/30988775/detail.html

[Citizen Worker]

6. Damn those pesky government regulations! Wal-Mart slaves should be thankful they have jobs

regardless of how little they pay.

[Kingofalldems]

8. No way, Wal Mart has a great business plan

They're just great!!!