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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. Stapler by gmyerxa · · Score: 5, Funny

    This is the last straw....

    1. Re:Stapler by Kamokazi · · Score: 5, Funny

      Woah woah woah. It's not last straw until you a) stop getting a paycheck, b) get moved down to storage B, and c) find a hundred grand laying on the floor.

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  2. Re:Typical. by beavis88 · · Score: 5, Funny

    What are you, a fucking Presidential candidate? That's not remotely close what I said.

  3. Re:Typical. by beavis88 · · Score: 4, Funny

    Condescending attitude? Check No mention of the original topic at hand in the "rebuttal"? Check Ad hominem attack? Check

    By golly, I think you really are a Presidential candidate!