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Silicon Valley financial software giant Intuit to pay back $555,000 to 2,600 workers over missed overtime payments
INTUIntuit(INTU) Business Insider·2024-07-12 17:54

Insider Today Thanks for signing up! Bull The announcement came just a week before the company announced it was laying off 10% of its workforce. As a result, Intuit failed to pay these workers the correct amount of overtime pay — which is one-and-a-half times normal wages for hours worked over 40 in a workweek — which violated the Fair Labor Standards Act, the DOL said. The case, which was settled administratively, covered the period from September 2021 to July 2023, the DOL spokesperson said. Advertisement ...