Employers can’t afford overtime errors (On Law)

Class-action lawsuit highlights need for careful monitoring
By David Whitten
|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.