Banking and Finance Wage Laws
Assistant branch managers, mortgage originators, financial service representatives, stock/investment sales representatives (often called “loan officers”, “account executives”, or other titles), and others working in the banking and finance industry often assume they are not entitled to overtime pay because they are paid either on salary or commission, because they are “executives” and/or because they are highly compensated. Often, however, these bank employees are entitled to overtime pay for all hours worked in excess of 12 per day or 40 per week.
If your employer is violating the banking/finance overtime pay laws, you (and other employees) may be entitled to thousands of dollars of back pay. Please contact us for a free and confidential case evaluation or simply to learn more about finance workers, banking and the overtime pay laws.