Banking & Financial
Fair Compensation for Financial Services and Bank Employees
At Blumenthal, Nordrehaug & Bhowmik, our employment law attorneys focus on wage, benefit and overtime claims on behalf of bank tellers, financial services representatives, financial account representatives, customer service Associates, personal banking representatives and banking teller coordinators who are victims of illegal labor practices. California labor laws require banks and other financial institutions to pay tellers, financial analysts and other financial industry workers overtime wages for working more than 8 hours a day. Under the Fair Labor Standards Act and California Labor Code, banking employees and financial industry workers are entitled to one and a half times the regular rate of pay for working more than 40 hours in a single workweek.
It is not uncommon for banking tellers in California to work extremely long hours under very hostile working conditions. Financial industry and other employees in bank-related job positions work not only at national or state-chartered banks, but also at savings associations, financial companies, credit unions and other big companies throughout California. Banking employees are usually responsible for many job duties such as collecting and paying out money to the bank’s customers and maintaining records of many types of banking transactions. Financial industry workers are responsible for selling banking products and services, which requires working late at night, early in the morning and from home off-the-clock and without compensation.
Understand Your Rights at Work: Call 800-568-8020
As a result of working long hours under strenuous workplace conditions, banking tellers and other financial industry employees regularly experience physical health problems, such as back problems and eye or muscle strains. This is because financial industry workers sit for long periods while studying data at workstations and using computers to complete their work for the bank’s benefit. Financial and banking services employees are also often cheated out of overtime wage benefits provided by both California labor laws and the federal Fair Labor Standards Act.
Employees that work in the banking and financial industries typically do not exercise the requisite independent discretion and judgment for the bank or financial organization to refuse to pay the employees overtime wages. Employees working in banks and financial organizations are usually entitled to overtime pay if they are responsible for: collecting financial information about a banking client’s salary, possessions, savings or debts; following company policies and procedures to figure out which financial products are right for banking customers or businesses; explaining to banking customers the pros and cons of financial products and services as set forth in the bank or financial institution’s policies and procedures; or marketing, examining and promoting the employer’s financial services and products.
Experienced Attorneys for Employment Law and Consumer Rights Claims
At Blumenthal, Nordrehaug & Bhowmik, our employment lawyers concentrate on helping financial industry and banking employees who are victims of illegal employment practices. We have obtained over $1.3 billion on behalf of consumers and employees throughout the state of California. Our attorneys in Northern and Southern California have the resources and experience that financial industry and banking employees depend on when their current or former employer violates employee rights by:
- Failing to pay banking employees overtime wages for working more than 8 hours in a single workday in violation of California overtime laws
- Failing to pay financial industry employees overtime wages for working more than 40 hours in one workweek in violation of the Fair Labor Standards Act’s overtime law regulations
- Wrongful termination of banking and financial industry employees in violation of California public policy
- Retaliation or discrimination against financial industry workers and bank employees
Contact one of our experienced employment law attorneys in San Diego, Los Angeles or the San Francisco Bay Area today for free legal advice about your rights at work.