Legislative Compliance
There is a growing body of case law involving class action lawsuits for unpaid overtime. Already lawsuits have been filed against many high profile organisations including in the US including; Best Buy, Urban Outfitters, Apple, AT&T, Bank of America, CVS and Wells Fargo among others, alleging employers misclassified employees as exempt from overtime or failed to pay overtime to employees regardless of their classification. This is not just an issue in the US, this is a global issue. In the UK John Lewis had to spend £40m to compensate staff who were accidentally underpaid for working Sundays and Bank Holidays over a seven year period.
In Canada, Ontario’s Superior Court of Justice gave the green light to a class-action lawsuit against part of Bank of Montreal’s wealth management group that alleged the bank owed unpaid overtime to hundreds of current and former investment advisers. The lawsuit alleged BMO Nesbitt Burns Inc. did not keep a proper record of the time employees worked and did not appropriately compensate employees when they worked overtime.
This case followed other lawsuits over unpaid overtime brought against Canadian Imperial Bank of Commerce and the Bank of Nova Scotia by bank tellers and other employees who say they have been unfairly denied overtime pay. The banks are looking at combined claims of $950 Million.
Wherever you employ staff, ensuring legislative compliance and managing, recording and tracking working hours has never been more important. Softworks Time & Attendance Solutions can automate this process for you and ensure that your organisation is always 100% compliant. You can choose from our unique “Honour Based Attendance Tracking”, created for organisations who do not clock or choose from our range of clocking options.
