Call Center Employees to Receive $3.8M from JPMorgan for Owed Wages

Call center employees for JPMorgan Chase & Co. have settled claims that alleged the bank failed to pay them all owed wages. Specifically, the lawsuit claimed JPMorgan had call center employees work off the clock and in turn did not pay them the correct overtime rates. The nearly $3.8 million settlement will resolve state law claims and federal claims brought under the Fair Labor Standards Act.

Almost 7,000 JPMorgan call center employees are expected to benefit from this settlement.  The call center workers claimed that they were owed approximately $10 in overtime per week. Under the agreement, each proposed class member should be receiving a payment of about $300 on average and the opt-in FLSA plaintiffs are expected to receive about $2.17 per week worked. A Texas federal judge has been asked to preliminarily approve the agreement this week with both sides agreeing that the settlement is fair and a “good value” considering the risks of continuing the litigation. The settlement will also include incentive payments of $5,000 each for the two class representatives as well as $2,000 for each of the five opt-in plaintiffs who completed depositions.

If you work in an industry where you should be clocking in and out, it is important to make sure your hours worked are correctly reflected by your timesheets and paystubs. If you are completing any kind of work while you are not punched in, you may be owed wages. Tasks like booting up computers, sending or responding to emails, and entering data into spreadsheets are just a few examples of time you may be able to get compensated for. If you have any questions or concerns about how your company is paying you for your time, do not hesitate to call an employment attorney. Fitapelli & Schaffer, LLP offers a free and confidential phone consultation with anyone of our available representatives. You can reach us at (212) 300-0375 or visit our website here.