DHAKA: Professional networking firm LinkedIn Corp. agreed to pay $6 million in wages and damages after regulators found it failed to account for all the hours worked by its employees.
This includes $3.3m in unpaid wages and $2.5m in damages to be paid to 359 former and current employees.
It also agreed to provide compliance training and distribute its policy on overtime work to all applicable staff.
The firm said talent was its ‘number one priority’ and it was eager to ‘rectify the situation’.
‘This was a function of not having the right tools in place for a small subset of our sales force to track hours properly,’ said Shannon Stubo, vice president of corporate communications at LinkedIn, reports the BBC.
BDST: 1437 HRS, AGU 05, 2014