14 Aug 2022
DiamondWorld Directory
-
Home |
News
Home
Sterling Jewelers to Pay Us$1.3 Million in Back Wages
Will make certain that workers are properly compensated in the future
By: Diamond World News Service
|
Jun 15 2006 12:00AM
|
Reference: 455  

DecreaseIncrease

Sterling Jewelers Inc., of Akron, Ohio, has agreed to pay US$1,291,077 in back wages to resolve violations of the Fair Labor Standard Act (FLSA) overtime requirements, says a spokesman for the Labor Department. Sterling, which conducts business under 14 retail names around the country, agreed to pay the back wages to 16,820 current and former employees of its retail stores operating at 1,200 locations in 41 states.

"This administration is committed to ensuring that employers honor their obligation to pay their workers all the wages they have earned. In this case, we are recovering nearly US$1.3 million dollars for almost 17,000 workers and making certain that they are properly compensated in the future,” says ," U.S. Secretary of Labor Elaine L. Chao.

The company failed to include incentive pay in the calculation of overtime and it failed to pay employees for all hours worked, which the employees had entered using the firms electronic timekeeping system. Each of those violations contributed to workers being paid less than time and one-half their regular pay for hours worked over 40 in a single workweek as required by the FLSA. The back wage payments cover the period from Nov. 2, 2003 to Feb. 25, 2006.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
DWWeeklypost
Search News by City
Advertisement
DWsubscription
Recent Issue
2022
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31243
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 8545
GJEPC Chairman Interview
Views: 27438
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 38216
Promo for IJ Awards 2012 at NDTV Profit
Views: 55988
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 67542
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21302
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 49922
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 51673
Member of:
Supporter of: