From the course: Hiring, Managing, and Separating from Employees
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Wage and hour laws
From the course: Hiring, Managing, and Separating from Employees
Wage and hour laws
- Over the last 10 years, companies have paid out millions, if not billions of dollars due to wage and hour violations. For example, Farmer's Insurance paid out $210,000,000 to end a long-running dispute with thousands of insurance adjusters who accused the company of wrongfully denying them overtime pay. First, we're going to take a look at minimum wage. The federal law requires employees to be paid a minimum wage. That law is often modified at the state or municipal level. Dozens of states have minimum wage rates higher than FLSA standard, including Alaska, Florida, Missouri, Montana, New Jersey, New York, Ohio, Arizona, Colorado, Washington, and, of course, California. Many cities have a higher minimum wage than required by both federal and state mandates, including Chicago, Los Angeles, San Francisco, Seattle, Miami Beach, and dozens of additional cities. To see a list of these cities, you go to laborcenter.berkeley.edu. Violation of wage and hour laws may result in civil or…
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