Monthly Archives: December 2011

Fourth Circuit Excludes Stock Options from Wages

The Fourth Circuit Court of Appeals decided against an employee seeking to recover unvested stock options after her termination.  The employee had sued under the Maryland Wage Payment and Collection Act.  She contended that a portion of her deferred compensation should not have been withheld by her employer.  Under an optional plan, the employee had...
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The Supreme Court Will Decide Whether Pharmaceutical Representatives Are Entitled to Overtime

The Fair Labor Standards Act has governed the provision of minimum wages and overtime pay since the 1930s.  A problematic area remains the “exemptions” to overtime entitlement.  One exemption provides that “outside sales” staff need not be paid overtime pay.  An employee working in an office on the phones is not exempt.  But someone traveling...
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