Employers can’t afford overtime errors (On Law)Class-action lawsuit highlights need for careful monitoringBy David Whitten09/10/2007|CHRR, Report on Payroll|Last Updated: 09/07/2007 What exactly is overtime? And when is an employee entitled to it? The answers to these questions are not always clear. And being wrong can be costly.A class-action lawsuit was brought against the Canadian Imperial Bank of Commerce in June, claiming $600 million in damages for unpaid overtime.The case is just one of a number of lawsuits highlighting the critical need for employers to carefully monitor overtime in the workplace and ensure overtime policies are fully compliant with labour standards legislation. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.