Overtime Pay for California Summer Interns 2020
Hi,
I heard from a buddy that California has employment laws that mandate overtime pay for interns, resulting in BBs capping hours for summer analysts at 40/wk. My other buddy and I, who are going to EB/MM, have no mention of this in our offer letters.
The compensation text of mine, which is similar to his, for example:
"You will be paid each pay period for services provided based on an annualized salary of $85,000, prorated, less applicable taxes and other required or authorized withholdings."
Are we both SOL?
Hi Prospect in Other, don't worry, the WSO Monkey Bot is here.... I'm hoping one of these links will help find your answer:
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Hope that helps.
Did you find out if you did get overtime at your EB?
My SA BB offer letter for Cali straight up said "you are exempted from OT" lmao, rip
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