DIRS.INFO The most relevant business & tech news

☆ Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
▼ + stars: | 2024-11-15 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Details on the proposal are scant and some Democrats have called the overtime tax promise "as fake as his tan." "As part of our additional tax cuts, we will end all taxes on overtime," he said at a rally in Tucson, Arizona. Among these, 82.1 million were hourly workers and 15.6 million were salaried workers, the report said. Meanwhile, about 7% of hourly workers and 70% of salaried workers do not qualify for FLSA, the report said. For example, would it be designed as just an income tax or would it be a payroll tax exemption as well?

Persons: Donald Trump, Trump, Karoline Leavitt, Vance, There's, Russ Fulcher, Joseph Rosenberg, FLSA, John Ricco, Alex Muresianu, Muresianu, Rosenberg Organizations: Cobb Energy Performing Arts Centre, Republican, President, Trump, Fair Labor, Brookings Tax, Department of Labor, FLSA, Yale, Lab, Tax Foundation, Social Security Locations: Atlanta , Georgia, U.S, Tucson , Arizona, Idaho, Alabama, Wisconsin, DOL

☆ Friday’s jobs report just might disprove right-wing conspiracy theories
▼ + stars: | 2024-10-31 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

But they may ditch their argument Friday morning, when the October jobs report is set to be released — just days before Election Day. Groshen disagreed, saying that initial estimates of the monthly change in hiring are “noisier than they used to be” because of the lower response. However, that gets smoothed out in later revisions as response rates improve with the additional time. That exacerbates the funding shortfall at the BLS, where inflation-adjusted funding has steadily declined over the past decade, she said. That would help improve, for instance, Federal Reserve officials’ ability to make interest rate decisions that hinge on the latest labor market data, Groshen told CNN.

Persons: Donald Trump, Hurricanes Helene, Milton, Republican Sen, Marco Rubio, ”, Harris, ” Rubio, Rubio, Erica Groshen, Trump, Karoline Leavitt, Kamala Harris “, Laura Kelter, Groshen, “ Organizations: New, New York CNN, Bureau of Labor Statistics, BLS, Hurricanes, Republican, Biden, Trump, Cornell University School of Industrial and Labor Relations, Department of Labor, Census Bureau, Management, CNN, Biden Administration, Employment, Federal Locations: New York, Florida, America

☆ 401(k) rollover advice rule is at risk. Here's what retirement savers need to know
▼ + stars: | 2024-08-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Two federal district courts in Texas issued a national "stay" of the regulation, in separate rulings in July. The rule will "create a level playing field" for all trusted investment professionals, according to a Labor Department spokesperson. "The insurance industry can continue to advise investors and sell annuities, without giving advice that is imprudent, disloyal, or tainted by misrepresentations or overcharges," the spokesperson said. Current retirement rollover advice rules stay in effectIn the meantime, the current status quo remains in effect, attorneys said. Current rules let brokers give investment advice that earns them a higher commission but isn't in savers' best interests, the Labor Department said during the rulemaking process.

Persons: Julie Su, Chip Somodevilla, Fred Reish, Drinker Biddle, didn't Organizations: Getty, U.S, Northern, Northern District of, American, of, United States Department of Labor, Americans, Consumer Choice, Department of Labor, Labor Department, Department of Justice, Biden, National Association of Insurance, Financial Advisors, National Association Locations: Texas, Northern District, Northern District of Texas, ACLI, NAIFA, Dallas, Fort Worth

☆ One of the world's greatest Go players who was defeated by AI warns that the technology may not come with a 'happy ending'
▼ + stars: | 2024-07-11 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewOne of the world's greatest Go players who was defeated by an artificial intelligence program warns that the technology may come with a rude awakening for humans as it advances. This story is available exclusively to Business Insider subscribers. 1 through frantic efforts," Lee told Yonhap News Agency at the time. "People used to be in awe of creativity, originality, and innovation," Lee told The Times. Noam Chomsky, a linguistics professor and philosopher, previously told Business Insider in 2023 that he was "skeptical" that artificial intelligence could make breakthroughs in studies like the arts.

Persons: —, Lee, AlphaGo, Google's DeepMind, I've, Noam Chomsky, Steven Spielberg, Stephen Colbert, Spielberg Organizations: Service, Business, Yonhap News Agency, The New York Times, Go, The Times Locations: South Korean, Seoul

☆ A million more U.S. workers can now get overtime pay: 'Most employers absolutely do want to get this right'
▼ + stars: | 2024-07-11 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

On July 1, more than a million workers became eligible for overtime pay. The 1938 Fair Labor Standards Act established a 40-hour workweek with certain workers eligible for overtime pay of 1.5 times their regular wage if they work past the 40-hour mark. Before the rule change on July 1, only around 15% of salaried workers were eligible for overtime pay. Up until July 1, salaried workers making $684 per week, or $35,568 per year, or more were exempt from getting overtime pay. Before the rule change, some workers making less than $107,432 per year could also qualify for overtime pay, though the parameters for qualifying are a little bit different from those given to low-wage workers.

Persons: Judy Conti, Conti, Here's, DOL, Jessica Looman Organizations: Labor, Department of Labor, National Employment Law, Labor Department, Fair Labor Locations: DOL

☆ The Biden Administration's labor department is hitting the road for 'Good Jobs Summer'
▼ + stars: | 2024-06-03 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Acting Secretary of Labor Julie Su is hitting the road — and wants good jobs to follow. Su is bringing the Department of Labor's "Good Jobs Principles" — a national framework for better working conditions and positions — across the country. Related storiesAs part of the tour kickoff, Phoenix Mayor Kate Gallego will also announce the city's commitment to the Good Jobs Principles. It's the DOL's latest attempt at promoting the idea of "good jobs," and making them more widespread. So it's embedding equity in the way that we're creating these jobs, " Teresa Acuna, the senior policy advisor and deputy director of the Good Jobs Initiative, said.

Persons: Labor Julie Su, Su, Biden, Kate Gallego, Teresa Acuna, Acuna, we're Organizations: Service, Labor, of, Business, Department of Labor, Biden Administration, Conference, Phoenix, Good Jobs Initiative Locations: Phoenix, Alabama, Florida, Georgia, Pennsylvania, Nevada, Michigan

☆ Children continue to work at poultry processor, Labor Department says, even after teen worker’s recent death
▼ + stars: | 2024-05-21 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

New York CNN —Children have again been found working at a Mar-Jac Poultry slaughterhouse, according to the US Department of Labor. The latest discovery in Alabama comes less than a year after a teen worker was killed at a company facility in Mississippi. The DOL’s recent allegation follows an incident last year in which a teen died at a Mar-Jac facility in Mississippi. According to Mar-Jac Poultry Alabama’s website, “Mar-Jac Poultry does not sell to the general public, individual restaurants or convenience stores. The Labor Department has lately been trying to crack down on incidents of child labor, especially at meatpacking facilities.

Persons: DOL, ”, Mar, Jac, “ Mar, “, Jac Poultry, —, Kavilanz, Amy Simonson Organizations: New, New York CNN, Jac, US Department of Labor, CNN, Mar, Labor, Fair Labor, ABC News, Occupational Safety, Health Administration, The Labor Department, Department of Labor, Health, Human Services Locations: New York, Alabama, Mississippi, Mississippi , Alabama, Georgia, Alabama and Mississippi, DOL, Fayette

☆ For US renters, the chance of owning a home is going from bad to worse
▼ + stars: | 2024-05-08 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

New York CNN —The American dream of homeownership is looking more like a nightmare. With inflation heating up again, the Federal Reserve is in no position to consider lowering interest rates at its upcoming meetings. That’s according to a New York Fed survey gauging consumers’ expectations of the housing market, released Monday. Consumers are gearing up for even bigger increases compared to the expected rise in mortgage rates over the next year, the New York Fed survey found. The issue of rent affordability is particularly pronounced in New York City, where housing costs have always been notoriously high compared to other parts of the country, absent a brief respite during the pandemic.

Persons: That’s, Kenny Lee, Aditya Bhave, Neel Kashkari, Bhave, ” Bhave, “, Perdue “, ”, Read, TikTok, Joe Biden, Brian Fung, Bytedance Organizations: CNN Business, Bell, New York CNN, Federal, New, Fed, Zillow, Bank of America, CNN, Minneapolis, Bloomberg, United States Department of Labor, Seaboard Triumph Foods, Perdue, Labor Department, Seaboard, Labor, Packers Sanitation Services, Appeals, District of Columbia Circuit Locations: New York, New York City, Fayette, DOL, Sioux City , Iowa, Accomac , Virginia, China

☆ Slaughterhouse cleaning company fined $649,000 for child workers
▼ + stars: | 2024-05-07 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —A janitorial company has been fined $649,000 after an investigation found it hired minors for dangerous jobs cleaning slaughterhouses, the United States Department of Labor said Monday. Fayette Janitorial Service had employed at least 24 children, including those as young as 13, according to the DOL investigation. The minors had been working overnight shifts at two separate slaughter facilities, according to the DOL. The company said in February that it had ended all of its contracts with Fayette, according to the Sioux City Journal. Instances of illegal child labor have been growing in recent years, and other contractors have been fined over employing minors.

Persons: ” Fayette, “, Perdue “, ”, – CNN’s Melissa Alonso, Ramishah Maruf Organizations: New, New York CNN, United States Department of Labor, CNN, Seaboard Triumph Foods, Perdue, Labor Department, Seaboard, Sioux City, Packers Sanitation Services Locations: New York, Fayette, DOL, Sioux City , Iowa, Accomac , Virginia

☆ Fresh customer-fraud allegations against Globe Life
▼ + stars: | 2024-04-30 | by ( Susan Antilla | ) www.businessinsider.com time to read: +9 min

Read previewThe embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. Neither Globe, AIL, or any affiliated agencies have requested a correction on BI's series, which has been cited in all three short-seller reports. Spokespeople for Globe, AIL, and Arias did not respond to inquiries about the Viceroy report. Viceroy today published excerpts from a civil complaint alleging that Globe Life required recruits to purchase the course from Xcel for $149, $119 of which was kicked back to Globe Life, AIL, and agency executives, an allegation Globe has denied. "As you might expect, these sales tactics do not engender long-term retention of policies," the Viceroy report states.

Persons: —, AIL, Fraser Perring, Nate Koppikar, Panda, Arias, Erica Robertson, Robertson, Amy Williamson, Renee Zinsky, Fuzzy Panda, Jamie Winters, Winters, Viceroy, AIL's, Antonio – Organizations: Service, Viceroy Research, Globe, Business, Research, Orso Partners, Insurance Department, Pennsylvania, Arias Organization, Social, Organization, AIL, BI, Department, Xcel, Liberty National Life, Ohio Department of Insurance Locations: Texas, London, Globe, Maryland, Pennsylvania, Arias's Wexford, California, Xcel, Ohio, Antonio

☆ Advice about 401(k) rollovers is poised for a big change. Here's why
▼ + stars: | 2024-04-28 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Johner Images | Johner Images Royalty-free | Getty ImagesA new U.S. Labor Department rule will significantly change the advice many investors receive about rolling money over from 401(k) plans to individual retirement accounts, legal experts say. watch nowA 'major shift' in rollover adviceThe new Labor Department rule aims to make more investment recommendations "fiduciary" in nature. The new Labor Department rule changes that, however. Good advisors are likely making an honest effort to do what's best for their clients, but hopefully the Labor Department rule would "bring up the bottom to a better quality," Reish said. However, many financial companies dispute the necessity of the Labor Department rule.

Persons: Rollovers, Katrina Berishaj, Ronon Stevens, Young, it's, Reish, Berishaj, They'd, Susan Neely Organizations: . Labor Department, Department, Labor, Economic, Labor Department, Young, American Council of

☆ Overtime pay: Millions more salaried workers will be eligible under final Biden administration rule
▼ + stars: | 2024-04-23 | by ( Tami Luhby | ) edition.cnn.com time to read: +3 min

CNN —Millions of salaried workers will soon qualify for overtime pay under a final rule released by the US Department of Labor on Tuesday. The new rule raises the salary threshold under which salaried employees are eligible for overtime in two stages. About 4 million more workers will qualify for overtime when the rule is fully implemented in January, the agency estimates. “Too often, lower-paid salaried workers are doing the same job as their hourly counterparts but are spending more time away from their families for no additional pay. The salary threshold will be updated every three years, starting July 1, 2027, the agency said.

Persons: Julie Su, Trump, Obama, “, ”, Ted Hollis, Brady, Sean Kennedy, DOL, Ben Brubeck, Barack Obama Organizations: CNN, US Department of Labor, Labor, Quarles, National Restaurant Association, Associated Builders and Contractors, Labor Department Locations: South, Texas

☆ Owners and managers at some Washington Subway stores kept $80,000 in staff tips and reduced workers' hours on their timecards, a federal agency says
▼ + stars: | 2024-03-08 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Owners and managers at 10 Subway stores in Washington state illegally took money from staff tip pools, the Labor Department says. The stores also reduced staff's hours on their timecards to avoid paying overtime, the DOL said. The stores have now given $196,000 in tips, overtime wages, and liquidated damages to 100 affected workers. AdvertisementOwners and managers at 10 Subway stores in Washington state illegally kept $80,000 in staff tips, the Department of Labor says. Under the Fair Labor Standards Act , business owners and managers are not allowed to participate in staff tip pools.

Persons: DOL, —, timesheets Organizations: Labor Department, Service, Department of Labor, Fair Labor, Act, Business Locations: Washington

☆ Poultry processor hit with proposed $212,646 fine after second worker, a teen, killed by machine
▼ + stars: | 2024-01-16 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +3 min

The US Department of Labor is proposing a $212,646 fine against a Mississippi poultry processor after a 16-year-old sanitation worker was pulled into a chicken deboning machine and killed. The child became the second worker killed in just over two years at the plant. Mar-Jac Poultry, which could not immediately be reached for comment, operates facilities in Mississippi, Alabama, and Georgia. Mar-Jac Poultry told NBC News in October that the company has followed all safety procedures in the incident involving the teen worker. The DOL said the poultry processor currently is also under a separate child labor investigation by its wage and hour division.

Persons: Jac, Kurt Petermeyer, DOL, ” “, ” OSHA’s Petermayer Organizations: New, New York CNN, US Department of Labor, Department of Labor, Safety, Health Administration, OSHA, “, Jac Poultry, NBC News, Mar Locations: New York, Mississippi, Georgia, Hattiesburg , Mississippi, Atlanta, Mississippi , Alabama

☆ Most delivery gig work workers won't be impacted by the new fed rule — yet
▼ + stars: | 2024-01-09 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

But gig delivery companies like DoorDash and Instacart say they don't plan to make any changes. AdvertisementIf you make deliveries as a gig worker, don't expect any changes from a new federal rule — at least, not immediately. But companies that rely on gig workers to make deliveries say they won't need to make any changes. Amazon, which employs gig workers through its Flex delivery arm, did not immediately respond to Business Insider's request for comment. Do you work for Instacart, DoorDash, Walmart Spark, Uber Eats, or another gig delivery service and have a story idea to share?

Persons: —, Julie Su, Uber, Loyola University Chicago Professor Peter Norlander, I'm, Norlander Organizations: Service, Department of Labor, Labor, Department, Flex, Loyola University Chicago Professor, Wall Street, Walmart Locations: DoorDash

☆ Managers at Checkers restaurants in Alabama clocked staff out mid-shift and altered their timecards so they could pay them less, a federal agency claims
▼ + stars: | 2024-01-08 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Managers at two Checkers restaurants in Alabama altered employees' timecards to reduce their recorded hours, the DOL claims. The restaurants also clocked staff out while they worked and didn't pay overtime, the DOL claims. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This led to violations of federal minimum wage and overtime laws under the Fair Labor Standards Act, the DOL said.

Persons: DOL, — Organizations: Service, Department of Labor, Fair Labor, Business Locations: Alabama, Montgomery , Alabama

☆ An East Coast restaurant chain has been ordered to pay $11.4 million back to more than 1,300 employees over claims it paid staff below minimum wage
▼ + stars: | 2023-11-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

An East Coast restaurant chain failed to pay minimum wages and overtime rates to some workers, the Labor Department says. The DOL said some restaurants paid set wages regardless of hours worked, which could reach 65 a week. Plaza Azteca has been ordered to pay $11.4 million back to more than 1,300 affected employees. AdvertisementAdvertisementA restaurant chain with dozens of locations on the East Coast has been ordered to pay $11.4 million back to more than 1,300 employees after a federal agency uncovered a series of apparent labor-law violations. AdvertisementAdvertisementThe consent judgment also included $625,000 in civil money penalties, which the DOL said was due to the "repeat and wilful nature of the violations."

Persons: DOL, — Organizations: Labor Department, Plaza Azteca, Service, Department of Labor, Fair Labor Locations: East Coast, Mexican, Connecticut , Maryland , Massachusetts , New Jersey, North Carolina , Pennsylvania, Virginia

☆ The Biden Administration wants to close a retirement savings 'loophole' that could be costing you 20% on your investments
▼ + stars: | 2023-11-01 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

The Biden administration is proposing a new rule to ensure people saving for retirement get the best advice possible. AdvertisementAdvertisementThe Biden administration is continuing its crackdown on junk fees — and this time, retirement savings are in the limelight. A new proposed rule by the Department of Labor would close what the administration calls "loopholes" in retirement advice, potentially saving retirees billions. However, some advisers steer their clients towards what's best for them, not the retirement savers, he said. Currently, the Securities and Exchange Commission has regulations mandating that investment advice needs to be in a saver's best interest.

Persons: Biden, Obama, —, DOL, that's, they're, LIMRA, Jason Berkowitz, Berkowitz Organizations: Service, Department of Labor, Securities and Exchange Commission, SEC, White, Federal Reserve, FTC, The Department, Labor Locations: pushback, Washington

☆ Biden administration wants to kill ‘junk’ fees in retirement investments and advice
▼ + stars: | 2023-10-31 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

The DOL’s proposed rule seeks to ensure “all retirement investors receive the same quality of investment advice regardless of product or services,” said DOL Acting Secretary Julie Su in a call with reporters. Across all retirement products, “requiring advisers to make recommendations in the savers’ best interest can increase retirement savers’ returns by between 0.2% and 1.20% per year. Industry pushback expectedThe new proposed rule follows earlier attempts by the Labor Department to broaden and standardize the circumstances in which financial advisers must act in retirement savers’ best interests. It is not clear yet whether the changes called for in the latest proposed rule will be sufficient to quell the opposition earlier versions faced. But industry pushback is expected, including from the Insured Retirement Institute, a trade association for the insured retirement industry.

Persons: Biden, “, ”, Julie Su, —, ’, DOL Organizations: New, New York CNN, Department of Labor, Securities and Exchange Commission, White, Industry, Labor Department, IRI, CNN, — Locations: New York, DOL

☆ Owners of 14 Subway restaurants made teenagers use dangerous equipment, suffer burns, and work unlawful hours, says DOL
▼ + stars: | 2023-09-30 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

A Department of Labor investigation found the operators of 14 Subway restaurants violated labor laws. The employers also didn't pay their employees regularly and stole tips, the DOL said. AdvertisementAdvertisementThe operators of 14 Bay Area Subway restaurants "endangered children" by making its teenage employees as young as 14 use dangerous equipment and work unlawful hours, an investigation by the US Department of Labor's Wage and Hour Division found. AdvertisementAdvertisementInvestigators found that several Subway workers at the 14 restaurants had suffered burns and other injuries, having operated ovens, toasters, cardboard balers and other dangerous equipment, the DOL said. AdvertisementAdvertisementThe investigation and litigation included these 14 Subway restaurants:

Persons: DOL, —, John Meza, Jessica, Hamza Ayesh, Arkady Itkin, Ruben Rosalez, Labor Marc Pilotin Organizations: of Labor, Service, US Department of Labor's, Court, Northern, Northern District of, Subway, The Press Democrat, Department of Labor, Labor Locations: DOL, Northern District, Northern District of California, San Francisco

☆ Department of Labor opens investigation into Perdue, Tyson
▼ + stars: | 2023-09-28 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

Earlier this year, the federal government committed to ratcheting up efforts to root out child labor law violations. “There are currently [Wage and Hour Division] investigations open at Perdue and Tyson Foods,” a Department of Labor spokesperson told CNN. “We are conducting a comprehensive third-party audit of child labor prevention and protection procedures including a compliance audit of contractors,” she said. Government agencies have joined together this year to fight child labor law violations, which often impact migrant children. In February, the Departments of Labor and Health and Human Services jointly announced the creation of a task force designed to fight child labor exploitation.

Persons: Perdue, Tyson, “, Perdue “, Andrea Staub, ” Staub, Josh Hawley, Donnie King, ” Marty Walsh, Walsh, ”, Maruf, Nicole Goodkind Organizations: New, New York CNN, Department of Labor, Tyson Foods, New York Times, Perdue, ”, CNN, Times Magazine, Times, of Labor, Health, Human Services, Packers Sanitation Services, Cargill, Packers Sanitation Locations: New York, Perdue, Virginia, Tyson, Missouri

☆ Biden ESG rule survives challenge in court. 'Tonal shift’ may be biggest victory, lawyer says
▼ + stars: | 2023-09-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

The Biden administration rule — which took effect Jan. 30 — was one facet of a White House effort to address climate change. Biden's ESG rule replaced a regulation issued by the Trump administration. That's because ERISA, a federal retirement law, disallows employers from picking investments for ideological reasons. The Biden administration was concerned that the spin around the Trump rule might have chilled plans' willingness to consider ESG factors. "The Biden administration was concerned that the spin around the Trump rule might have chilled plans' willingness to consider ESG factors in evaluating plan investments," Iwry said.

Persons: Joe Biden, Marty Walsh, Anna Moneymaker, —, Biden, Biden's, Trump, PSCA, Andrew Oringer, Oringer, DOL, gunning, Mark Iwry, Obama, Matthew Kacsmaryk, Mark Iwry nonresident, Iwry, Mischa Keijser Organizations: Labor, White, Getty, of America, U.S . Department of Labor, Northern District of Texas, Wagner Law, Department of Labor, Biden, Trump, Brookings Institution, U.S . Department of, Treasury, Brookings, Labor Department Locations: Rose, Northern District, Texas

☆ A taco chain made servers share their tips with kitchen staff and other workers, the Labor Department says. It could be ordered to pay staff $823,000.
▼ + stars: | 2023-09-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A taco chain made staff share their tips with other workers, the labor department claims. The "invalid" tip pool ultimately meant workers also paid the correct wages, the DOL said. The DOL filed a lawsuit against three Barrio Taco restaurant in Michigan, seeking $823,000 in back wages and damages. The managers then redistributed these tips to non-tipped employees, including kitchen staff, the DOL said. AdvertisementAdvertisementAs the restaurants weren't eligible for a tip credit, the servers' and bartenders' wages minus tips were pushed below the federal minimum wage.

Persons: DOL, Jacob Hawley, Hawley, Barrio Organizations: Barrio Taco, Service, Department of Labor, Barrio, Detroit Free Press Locations: Michigan, Wall, Silicon, East Lansing, Grand Rapids, Ohio

☆ A 19-year-old died after a concrete mixer he was inside cleaning was accidentally started up. His employers could have prevented his death, the Labor Department says.
▼ + stars: | 2023-09-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

A 19-year-old worker suffered "fatal injuries" after cleaning out a concrete mixer, the Department of Labor says. The machine restarted while he was inside, the DOL said. The DOL called his death a "preventable tragedy" and proposed penalties totalling $245,546. "As one of the workers left the mixer, the machine restarted with the other inside," causing him to suffer "fatal injuries," the DOL said. He called the worker's death a "preventable tragedy."

Persons: DOL, Jose A, Gonzalez Organizations: Department of Labor, Service, Foley Products Company, Safety, Health Administration, Transportation, City of Locations: Wall, Silicon, Cantonment, Florida, Georgia, Mobile , Alabama, Alabama, North Carolina, South Carolina, Tennessee, City of Atlanta

☆ Companies withhold billions in wages annually through unpaid tips and overtime. Some lawmakers now demand stricter penalties.
▼ + stars: | 2023-09-12 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Workers, especially in low-paid industries, have millions in wages stolen each year. Wage theft — when employers don't pay their workers the benefits they're entitled to — is incredibly prevalent across the economy. From 2017 to 2020, workers clawed back over $3 billion in stolen wages , according to the left-leaning nonprofit think tank Economic Policy Institute. Under Murray's proposed legislation, workers would get paid back fully what they're owed — not just minimum wage. Meanwhile, government agencies are also trying to take aim at firms not paying workers what they're owed.

Persons: Sen, Patty Murray, Rosa DeLauro, Bobby Scott, Murray, Murray's, —, they'll, they're Organizations: Service, Workers, Economic Policy Institute, Labor Department Locations: Wall, Silicon, DOL, —

Search resuls for: "DOL"

25 mentions found