Wednesday, May 2, 2012

Big Alec contributor Walmart agrees to pay money "accidentally withheld" from their workers paychecks

How many government organizations does it take to investigate one company? In Walmart's case, at least three.
On Tuesday, the Department of Labor announced that Walmart had agreed to pay $4.83 million in back wages and damages to employees it had illegally denied overtime, following an agency investigation.

More than 4,000 workers, all vision center managers or asset protection coordinators, will receive money from the settlement.

"Thousands of employees will see money put back into their pockets that should have been there all along," said Nancy J. Leppink, deputy administrator of the Labor Department's wage and hour division, in a statement.
Walmart is also being investigated by the Department of Justice and the U.S. Congress over allegations that it systematically bribed Mexican officials in order to obtain permits for new stores.

While all U.S. workers are legally entitled to overtime when they work more than 40 hours a week, certain salaried managerial employees in "executive, administrative or professional" roles, are exempt from this provision under the Fair Labor Standards Act.

 Prior to 2007, Walmart considered its vision center managers and asset protection coordinators exempt, a policy the Department of Labor now calls a "misclassification."

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