Stock Options and Overtime Pay Calculation Under the Fair Labor Standards Act.
Examines Feb. 12, 1999, DOL opinion letter suggesting that stock options offered to employees might, under certain circumstances, be included as part of the regular rate calculation under which employers must pay workers covered under the Fair Labor Standards Act (FLSA) of 1938, and that employers w...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2000.
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| Series: | U.S. Congressional Research.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Examines Feb. 12, 1999, DOL opinion letter suggesting that stock options offered to employees might, under certain circumstances, be included as part of the regular rate calculation under which employers must pay workers covered under the Fair Labor Standards Act (FLSA) of 1938, and that employers who had made stock options available to their employees might be liable retroactively for increased rates of overtime pay. Considers Labor Policy Association response to DOL letter, and reviews legislation introduced to clarify FLSA provisions on overtime pay when stock options are concerned, including S. 2323 and H.R. 4109, both the Worker Economic Opportunity Act. |
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| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |