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Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 4 May 2012 [View all]Demeter
(85,373 posts)7. Walmart to pay more than $4.8 million in back wages for overtime wage theft
http://www.dailykos.com/story/2012/05/02/1088290/-Walmart-to-pay-more-than-4-8-million-in-back-wages-for-overtime-wage-theft
Walmart has agreed to pay more than $4.8 million in back pay and damages to more than 4,500 current and former vision center managers and asset protection coordinators. The workers had been treated by Walmart as exempt from overtime requirements but were found by the Department of Labor to be nonexempt and therefore due overtime pay. Walmart will also pay nearly $464,000 in penalties.
Walmart has agreed to pay more than $4.8 million in back pay and damages to more than 4,500 current and former vision center managers and asset protection coordinators. The workers had been treated by Walmart as exempt from overtime requirements but were found by the Department of Labor to be nonexempt and therefore due overtime pay. Walmart will also pay nearly $464,000 in penalties.
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