Ending Soon! Save 33% on All Access

RadioShack to Settle Management's Overtime Lawsuit <b></b>

Fort Worth, Texas--RadioShack Corp. will pay $2.9 million to settle the unpaid overtime claims of 1,300 managers in California in one of the largest such agreements in the short history of the state's white-collar litigation wave. The managers filed a class-action overtime suit more than two years ago, contending that RadioShack had improperly exempted them from overtime eligibility. The company made no admission of wrongdoing in agreeing to the settlement but is working on a plan for court approval to change the way it pays managers.

Under California's unique wage law, workers classified as managers are eligible for overtime pay at time-and-a-half if they spend more than 50 percent of their time on non-supervisory tasks such as running a cash register, flipping burgers or unloading merchandise. -Los Angeles Times

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Marketing

5 Steps to Preparing an Engaging Industry Presentation

You can make a great impression and generate interest with an exciting, informative presentation. Find out my five secrets to creating an industry presentation guaranteed to wow.