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[7] [9] A common form of wage theft for tipped employees is to receive no standard pay ($2.13 an hour) along with tips. [8] A 2017 study found that U.S. employers underpay 2.4 million sub-minimum wage workers over $15 billion yearly, amounting to an average of $64 per week, or nearly a quarter of earnings.
Many people who are victims of wage theft aren’t even aware that what is happening to them is illegal.
Wage theft is a big-time crime in which billions of dollars are taken out of working people’s pockets every year. Rather than armed thugs or slick pickpockets committing the crime, it’s ...
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The report is based on a survey of 2,110 cases in 36 countries involving a total loss of $3.6 billion. Seese said businesses, nonprofits and other organizations often lack policies and procedures ...
Employee poaching, also called employee raiding, is the practice of inducing an employee to leave one employer and take up employment with another employer. While not illegal itself, the practice is often associated with "other illegal business practices", like violating non-compete agreements, or stealing trade secrets. [ 1 ]
EVANSVILLE — An Evansville woman orchestrated a years-long financial fraud scheme that bilked her employer out of more than $1.8 million — a graft so brazen and well-documented that she ...
The last thing you want to discover is that one of your employees is stealing from your small business. Not only is it a total violation of your trust, but internal fraud also has the potential to ...