You're promoted as 'manager'. Forget about overtime pay
Business Standard|March 09, 2023
For four years beginning in 2014, Tiffany Palliser worked at Panera Bread in South Florida, making salads and operating the register for shifts that began at 5 am.
NOAM SCHEIBER
You're promoted as 'manager'. Forget about overtime pay

Palliser estimates that she worked at least 50 hours a week on average. But she says she did not receive overtime pay.

The reason?

Panera officially considered her a manager and paid her an annual salary rather than on an hourly basis. Palliser said she was often told that "this is what you signed up for" by becoming an assistant manager. Federal law requires employers to pay time-and-a-half overtime to hourly workers after 40 hours, and to most salaried workers whose salary is below a certain amount, currently about $35,500 a year. Companies need not pay overtime to salaried employees who make above that amount if they are bona fide managers.

Many employers say managers who earn relatively modest salaries have genuine responsibility and opportunities to advance. The National Retail Federation has written that such management positions are "key steps on the ladder of professional success, especially for many individuals who do not have college degrees".

But according to a recent paper, many companies provide salaries just above the federal cutoff to frontline workers and mislabel them as managers to deny them overtime.

This story is from the March 09, 2023 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the March 09, 2023 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
TCS Q3 Net Profit Jumps 12%, Misses Estimates
Business Standard

TCS Q3 Net Profit Jumps 12%, Misses Estimates

IT behemoth's revenue swells 5.6%; North America remains a drag

time-read
3 mins  |
January 10, 2025
Business Standard

Cope with volatility, benefit from rate cuts

Volatility in the capital markets continues to pose a challenge to equity investors.

time-read
2 mins  |
January 10, 2025
Weak 02C biz may drag earnings for RIL again
Business Standard

Weak 02C biz may drag earnings for RIL again

Company's Ebitda may remain flat or decline marginally, say analysts

time-read
2 mins  |
January 10, 2025
Arpu gains, dividend likely to be triggers for Bharti Airtel
Business Standard

Arpu gains, dividend likely to be triggers for Bharti Airtel

The telecom industry may be moving into a new phase.

time-read
3 mins  |
January 10, 2025
Business Standard

Adani Group to Raise ₹7,148 Cr From Stake Sale in Wilmar JV

The Adani group will raise ₹7,148 crore from sale of up to 20 per cent stake in FMCG firm Adani Wilmar in the open market as part of its strategy to exit non-core activities to focus on infrastructure business.

time-read
1 min  |
January 10, 2025
₹ ends flat after intraday low of 85.94 against $
Business Standard

₹ ends flat after intraday low of 85.94 against $

The rupee on Thursday slipped to 85.94 against the dollar intraday, a fresh low, before recovering some losses to close the day at 85.86, flat compared to Wednesday's closing.

time-read
1 min  |
January 10, 2025
Sensex, Nifty decline amid FPI selling, Q3 earnings concerns
Business Standard

Sensex, Nifty decline amid FPI selling, Q3 earnings concerns

Indian equity benchmarks declined on Thursday as heavy foreign portfolio investor (FPI) selling and concerns over the December quarter earnings continued to dent sentiment.

time-read
1 min  |
January 10, 2025
MFs Cap Strong 2024 With Robust Dec
Business Standard

MFs Cap Strong 2024 With Robust Dec

Equity mutual funds (MF) capped a strong 2024 with near-fresh-high inflows in December.

time-read
1 min  |
January 10, 2025
Business Standard

Fundraising via equity, debt touched fresh high in 2024

Fundraising by Indian corporates through equity and debt reached a fresh high in the calendar year 2024, according to primedatabase.com.

time-read
2 mins  |
January 10, 2025
A milestone': Modi unveils genome data of 10K Indians
Business Standard

A milestone': Modi unveils genome data of 10K Indians

Prime Minister Narendra Modi on Thursday announced the completion of the Genome India Project, describing it as an \"important milestone in the biotechnology revolution\" in the country, and unveiled the sequencing database of 10,000 Indians.

time-read
1 min  |
January 10, 2025