The Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S.
"Turns out, wage theft is illegal."
If someone steals money from their employer, they could be guilty of a serious crime. But what if an employer takes money from their employee's paychecks?
There's a good chance they'll get away with it, a CBS News investigation found.
www.cbsnews.com
It's easier for the company to steal from the workers than vice versa.
Privilege explains that.
In 2012, there were 292,074 robberies of all kinds, including bank robberies, residential robberies, convenience store and gas station robberies, and street robberies. The total value of the property taken in those crimes was $340,850,358. By contrast, the total amount recovered for the victims of wage theft who retained private lawyers or complained to federal or state agencies was at least $933 million in 2012. This is almost three times greater than all the money stolen in robberies that year. Further, the nearly $1 billion successfully reclaimed by workers is only the tip of the wage-theft iceberg, since most victims never sue and never complain to the government.
https://www.epi.org/publication/wage-theft-bigger-problem-forms-theft-workers/
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