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IBM Responds to Overtime Lawsuits With 15% Salary Cut

Posted by samzenpus on from the give-with-one-hand-and-take-with-the-other dept.

bcmbyte writes "IBM in recent months has been hit with lawsuits filed on behalf of thousands of U.S. employees who claim the company illegally classified them as exempt from federal and state overtime statutes in order to avoid paying them extra whenever they worked more than 40 hours per week. The good news for those workers is that IBM now plans to grant them so-called "non-exempt" status so they can collect overtime pay. The bad news: IBM will cut their base salaries by 15% to make up the difference."

4 of 620 comments (clear)

  1. Re:Free Market by mi · · Score: 0, Flamebait

    if the free market responds correctly

    Free market can do no wrong — by definition. What may happen is some hyperventilating politician pushing a law outlawing IBM's move on some pretext or another — and making the market less free...

    i know if i was working there i'd be shopping my resume around after a slap in the face like this.

    Maybe, the job is still very good — interesting and otherwise rewarding, khm?.. This does sound like a slap in the face, but the first slap was by the employees — suing your employer (or anyone) "means war".

    But yes, the market will sort it out...

    --
    In Soviet Washington the swamp drains you.
  2. Re:Some reference materials by Hoi+Polloi · · Score: 0, Flamebait

    If they had been excutives instead of a 15% cut they would've gotten multi-million dollar bonus packages.

    --
    It is by the juice of the coffee bean that thoughts acquire speed, the teeth acquire stains. The stains become a warning
  3. Re:Typical. by poopdeville · · Score: 0, Flamebait

    I got charged union dues when I got a lowly $8/hr wage to work at Save-On-Foods, at Scottsdale Mall, in Delta, BC. My supervisor was very abusive. So obviously, the union didn't work for me at all, in any way or form.

    And what did you do about it? Call your union rep? Or did you just sit there and take it?

    --
    After all, I am strangely colored.
  4. Re:Some reference materials by KiahZero · · Score: 0, Flamebait

    Most the engineers I know (myself included) absolutely adore being management's bitch. Fixed.
    --
    I'm a lawyer, but not yours. I wouldn't represent someone who thinks taking legal advice from Slashdot is a good idea.