Under the Fair Labor Standard Act (FLSA), the overtime pay laws generally permit factory workers who work in factories on the line, in production or maintenance, or in any other position that involves repetitive operations with their hands, physical skill and energy to receive overtime wages. However, what most factory workers do not know about […]
With so many law firms advertising on television and billboards, finding a lawyer for your stockbroker overtime lawsuit is easy. However, the easy choice is not always the best choice when choosing an attorney. Our stockbroker overtime pay lawsuit lawyers have significant experience handling wage loss claims. We have an Overtime Pay Laws Resource website […]
Yes, a company may have to pay overtime to a stockbroker, however there are certain exemptions. According to the Fair Labor Standards Act (FLSA), stockbrokers fall under the executive, administrative or professional exemption found at FLSA section 13(a)(1). The exemption applies to anyone who earns in excess of $455 per week on a salary or […]
Yes, a stockbroker who has worked more than 40 hours a week and is not receiving pay from their employer may be able to file an unpaid overtime lawsuit. Filing these types of lawsuits, particularly as a stockbroker, can be tricky due to the fact that not all stockbrokers are entitled to these benefits. It […]
Overtime pay laws for stockbrokers can be complicated, but the determination of whether you are exempt under the law is not based upon your title, but based upon several other factors. These factors include your actual job duties and responsibilities as a stockbroker, as well as your salary or payment in that position of work. […]