Friday, November 28th-8.2°C
24124
24056

LinkedIn pays nearly $6 million in overtime wages, damages after Labor Dept. investigation

NEW YORK, N.Y. - Professional networking service LinkedIn has agreed to pay nearly $6 million in unpaid wages and damages to 359 current and former employees, the Labor Department said on Monday.

The U.S. Department of Labor said an investigation found LinkedIn Corp. in violation of overtime and record-keeping rules that are part of the federal Fair Labor Standards Act. It said the violations occurred at company branches in California, Illinois, Nebraska and New York.

Mountain View, California-based LinkedIn said in a statement that it was "eager to work closely with the (Labor Department) to quickly and equitably rectify this situation. This was a function of not having the right tools in place for a small subset of our sales force to track hours properly; prior to the (Labor Department) approaching us, we had already begun to remedy this."

The company agreed to pay the back wages once it was notified of the violations and to take steps to prevent them from happening again.

Federal law requires that hourly employees get paid 1.5 times their regular hourly rates for hours they work beyond 40 per week.

The Canadian Press


Read more Business News

22899


Recent Trending




Today's Market
S&P TSX14744.70-177.74
S&P CDNX741.87-13.53
DJIA17828.240.49
Nasdaq4791.63+4.312
S&P 5002067.56-5.27
CDN Dollar0.8756-0.0004
Gold1175.20-21.40
Oil66.15-7.54
Lumber329.40+1.40
Natural Gas4.295+0.144

 
Okanagan Companies
Pacific Safety0.145-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.27-0.07
Cantex0.04-0.005
Anavex Life Sciences0.1998+0.0288
Metalex Ventures0.06+0.02
Russel Metals29.91-0.79
Copper Mountain Mining1.94-0.18
Colorado Resources0.125-0.005
ReliaBrand Inc0.0134-0.0001
Sunrise Resources Ltd0.05+0.005
Mission Ready Services0.325+0.005

 
24130


22970

FEATURED Property
21374745570 Lakeshore Road
7 bedrooms 8 baths
$6,900,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Don't stop dreaming!

On Wednesday evening I drove through the Bow Valley in Alberta. It is my old home town... the first place Jackie and I moved to in 1988 when we emigrated. We ended up setting up home there and living...


Second marriage issues

It is not unusual that one or both of the parties planning to marry are approaching marriage for the second time. There are pluses and minuses to this new situation. On the plus side, individuals ente...


The last great Canadian tax shelter

A guide to how flow-through fund limited partnerships can mightily aid your tax planning!The end of the year will raise concerns among many professionals, self-employed persons, business owners and ev...

_



24156

24207


Member of BC Press Council


24228