Benchmark Financial Groups, LLC, located in Aliso Viejo, California, purports to assist companies obtain financing for equipment and capital related leases. According to the company’s website, Benchmark provides “quick competitive leasing in 5 easy steps.”
Recently, Rite Aid and CVS pharmacies as well as multimedia retailer F.Y.E. have been faced with class action lawsuits contending that they failed to pay their store managers and assistant managers the correct overtime wages, as outlined by both state and federal laws. F.Y.E. and the pharmacies classified such employees as "exempt" from overtime pay, paid them a salary, and failed to pay such employees 1.5 times their normal rate for hours worked over 40 hours. Recent cases regarding overtime wages for store managers and assistant managers have been receiving a lot of attention as courts have been finding that such employees do not fall under the "executive exemption" that exists under state and federal laws, because the primary duties of the employees fall outside of their managerial capacity.
Continue reading " RiteAid, CVS, F.Y.E. Managers and Ass't Managers Owed Overtime Pay " »
