Commonly asked overtime pay law questions about property management workers:
- What Is a Property Management Worker?
- What is the Salary Range for a Property Management Worker?
- How Many Property Management Workers Are Nationally Employed?
- Where Are Most Property Management Workers Employed?
- Property Management Worker Overtime Pay Lawsuit News
- What are the Laws for Property Management Worker Overtime Pay?
- Is a Property Management Worker Entitled to Overtime Pay?
- Does a Company Have to Pay Overtime Wages to a Property Management Worker?
- What Companies Have Denied Overtime Wages to Property Management Workers?
- Property Management Worker Overtime Pay Lawyer Review
What Is a Property Management Worker?
Property management workers plan, direct, or coordinate the selling and buying, as well as the governance activities, of real estate properties. Real estate properties can be commercial, industrial, or residential.
A property management worker typically has such critical responsibilities as management of personal property, equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain. Although the specific responsibilities of a property manager will vary based on their salary and the specific terms of their management contract, the main responsibilities often include managing tenants and managing the budget for the building.
What is the Salary Range for a Property Management Worker?
Depending on the work setting and state where property management workers are employed, the U.S. Bureau of Labor Statistics (BLS) noted that in 2016, property management workers made between $28,260 and $126,390, with the average annual salary being approximately $70,000.
How Many Property Management Workers Are Nationally Employed?
According to the United States Department of Labor, employment estimate and mean wage estimates for this occupation is as follows:
|Employment||Employment RSE*||Mean Hourly Wage||Mean Annual Wage||Wage RSE|
*RSE: The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
According to the United States Department of Labor, the percentile wage estimates for a property management worker is as follows:
Where Are Most Property Management Workers Employed?
According to the United States Department of Labor, states with the highest employment level in this occupation are as follows:
|State||Employment||Employment Per Thousand Jobs||Location Quotient||Hourly Mean Wage||Annual Mean Wage|
Property Management Worker Overtime Pay Lawsuit News
Related Property Management Worker Overtime Pay Lawsuit News
A Hawaii property management company recently agreed to a settlement with the U.S. Department of Labor to resolve claims that the company failed to pay overtime to several of its workers, a violation of federal labor and wage laws.
BEVERLY HILLS — Disgraced billionaire Donald Sterling recently settled an unpaid overtime lawsuit with a former manager of one of his properties who claims Sterling improperly terminated her and owes back wages and unpaid overtime as a result.
What are the Laws for Property Management Worker Overtime Pay?
Project management workers are considered “covered” under the Fair Labor Standard Overtime Laws (FLSA). This means that property management workers are entitled to overtime pay for every hour worked in excess of 40 hours in a single work week.
Some states also have specific laws that supplement or contradict the FLSA.
Property management workers often work far more than 40 hours in a workweek, but many employers do not pay them due overtime wages. If you believe your employer has violated the FLSA by denying your overtime pay, your best option is to contact an experienced attorney who can advice you of your rights under the FLSA and state laws.
Is a Property Management Worker Entitled to Overtime Pay?
Because issues with a property cannot always be predicted, property management workers often work far more than 40 hours per week. In general, “hours worked” includes all time an employee must be on duty, or on the employer’s premises or at any other prescribed place of work, from the beginning of the first principal activity of the work day to the end of the last principal work activity of the workday.
Project management workers are covered under the FLSA, so if any “hours worked” as described exceed 40 hours, they are entitled to overtime pay.
Unfortunately, many companies illegally deny its employees their overtime pay, and a project management worker may not be receiving the overtime wages they deserve.To recover lost wages, it is best to consult an experienced attorney on the details of your case.
Does a Company Have to Pay Overtime Wages to a Property Management Worker?
In most cases, a company is required to pay overtime wages to property management workers, as these employees are, in general, covered by the FLSA.
If an employer violates the FLSA, a lawsuit can be filed to recover back pay.
However, the FLSA is a difficult statute to navigate and state laws can complicate the picture even more. If you are a property management employee and your company is denying you overtime pay or has not paid you overtime wages in the past, you should contact our award-winning law firm today. Our lawyers will determine where your case falls within the FLSA.
What Companies Have Denied Overtime Wages to Property Management Workers?
Our overtime pay lawyers frequently represent property management workers in overtime pay lawsuits. Property management workers have brought unpaid overtime cases against many companies, some of which include:
- FPI Management, Inc.
- Amurcon Corporation
- Simon Property Group
To determine whether you are eligible for filing a wage claim, contact our experienced Property Management Worker Overtime Pay Lawyers at (855) 754-2795 for a Free Consultation to discuss your case or complete the Free Unpaid Overtime Case Review Form on this page. We will discuss your situation and determine if you have a claim. If you are owed unpaid wages, we will represent you under our No Fee Promise, which means there are never any legal fees or costs unless you receive a settlement.