Bloomberg employees - class action lawsuit

[GeneCC]

From its inception through 2013 (when numerous lawsuits were filed and the U.S. Department of Labor resolved an audit of the entire company), Bloomberg L.P. failed to pay overtime premium pay to any class of employees except interns. Since then, Bloomberg “reclassified” some positions and began paying overtime to some but not all of its employees.

https://getmansweeney.com/investigat...DOMN7_wFw4Q1YQ



Everytown sponsor and gun control enthusiast Mike Bloomberg is running a sweat shop?

[GeneCC]

The company will distribute $3.2 million to at least 499 workers, most of whom worked in customer service, according to the Post.

Bloomberg has a reputation as a company with a demanding work culture, and this is not the first time it has settled lawsuits related to overtime pay. Back in 2014, it paid 428 workers more than $5 million after similar complaints were lodged.

http://fortune.com/2016/03/30/bloomb...me-settlement/

[bogey1]

What does he care. He just donated 1.8billion to some college or dog pound.

[Ecclectic Collector]

Have people ever noticed how so many of these companies which treat their employees like toilet paper (to be used and discarded) are so generous donors? I imagine the PR is way more important than actually being good or ethical to work for.

[staylo]

Hey, you don’t get to be a filthy rich billionaire by spending your money.

[JenniferG]

Have people ever noticed how so many of these companies which treat their employees like toilet paper (to be used and discarded) are so generous donors? I imagine the PR is way more important than actually being good or ethical to work for.

They don't donate their money because they have a big heart or actually care about anyone but themselves they donate for tax credits and media attention.