IBM Responds to Overtime Lawsuits With 15% Salary Cut

Posted by samzenpus on Thursday January 24, 2008 @12:55AM 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."

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WTF? by SatanicPuppy · 2008-01-24 02:39 · Score: 1, Troll

Is someone making them work there? They're salaried workers, working in a reasonably high-paying field. Yea, there is stress, yea there are long hours...What's your point?

If they don't like the pay, they should do something else for a living.

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ad logicam Claiming a proposition is false because it was presented as the conclusion of a fallacious argument.