Calif. Panel OKs Bill To Keep OT Out Of Fixed Salaries

Law360, San Diego (April 18, 2012, 9:54 PM EDT) -- A California Assembly panel, seeking to overturn a California appeals court ruling that weakened state overtime laws, on Wednesday passed a bill excluding overtime hours from fixed salaries for nonexempt workers, regardless of any private employee agreement saying otherwise.

A.B. 2103, introduced by Assemblyman Tom Ammiano, D-San Francisco, drew bipartisan support from the Labor and Employment Committee and now heads to the Assembly Appropriations Committee. The measure came in response to a February 2011 decision by the Second Appellate District, which sided with employer Dolores Press...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.