Outten & Golden lawyers are experienced in representing financial services employees in New York City, as well as around the country and the world. People who work in the financial services industry in the U.S. are often the victims of large scale wage theft by their corporate employers, which violates federal and state wage and hour laws that require premium overtime pay for all hours worked over 40 in a workweek. Instead of paying employees the required overtime, some employers misclassify their financial services employees as “exempt” from overtime laws and pay them a salary instead. But exemptions from overtime laws are narrowly defined and the burden is on employers to prove that their workers qualify for exemptions.
Outten & Golden attorneys remain on the forefront of important wage and overtime cases to stop rampant wage abuse in the financial services industry.