Judd Legum

@JuddLegum ↗

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Last Checked Jan. 26, 2023

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Wed Jan 11 17:22:15 +0000 2023

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Judd Legum @JuddLegum

7. Based on the data, the study estimates that "that firms avoid paying for over 151 million employee-hours by strategically using managerial titles." The stolen pay "equates to roughly $4 billion in overtime payments avoided per year." https://t.co/G17fLmDhpl — PolitiTweet.org

Posted Jan. 11, 2023

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Judd Legum @JuddLegum

6. In other words there is strong evidence employers are paying people just above the FLSA threshold and then giving them managerial-sounding titles to avoid overtime When the pay is just below the threshold, companies mostly don't bother because they would pay overtime anyway — PolitiTweet.org

Posted Jan. 11, 2023

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Judd Legum @JuddLegum

8. Misclassifying workers is ILLEGAL! And in 2019, corporations paid $226 million in fines for breaking the FLSA. But they saved $4 BILLION That's an 18x return on investment. So it is a pervasive practice. https://t.co/G17fLmDhpl — PolitiTweet.org

Posted Jan. 11, 2023