New York 3/2/2011 11:11:25 PM
News / Internet

Escrow Officers Generally Entitled to Overtime Pay, According to IQ Overtime.com

Escrow officers are generally entitled to overtime pay when working more than 40 hours a week, according to IQ Overtime.com. Overtime law states that all eligible employees must receive 1.5 times their regular rate for every hour worked over 40 in a single workweek. Because most escrow officers are eligible to collect overtime wages, they may have legal recourse when denied overtime pay. If you have been denied overtime pay as an escrow officer, learn more about your legal rights by visiting http://www.iqovertime.com/escrow-officers-unpaid-overtime--42708.html today. Escrow officers who suspect their overtime rights have been violated can also take advantage of the free case review provided on the site. 

To be ineligible to collect overtime pay, workers must perform certain duties which would make them “exempt” from overtime wages. According to overtime law, some of these exempt duties may include hiring and firing other employees, managing a department or subdivision, and supervising two or more workers. Most escrow officers, however, perform non-exempt job duties such as collecting facts from buyers and sellers, processing escrow transactions and disbursing funds. Therefore, in regard to overtime pay, escrow officers performing these and similar tasks should typically receive time-and-a-half pay for every hour worked over 40 in a single workweek. 

When an escrow officer is denied overtime pay in violation of overtime law, they may have legal recourse. By filing an overtime lawsuit, an escrow officer can make a claim for up to three years of unpaid overtime; in some instances, the escrow officer may also be entitled to liquidated damages, which match the amount of unpaid overtime wages recovered. To learn more about overtime pay and escrow officers, and to find out if you have legal recourse after being denied overtime pay, visit IQ Overtime.com today. There is a time limit for filing unpaid overtime claims, so do not hesitate to take advantage of the site’s free, no obligation case review, which is provided courtesy of the overtime attorneys working with IQ Overtime.com.  

About IQ Overtime

IQOvertime.com was established to provide legal help and information for workers who have been denied overtime compensation. Comprehensive resources for workers are available on this site, including informational articles, an overtime calculator, answers to frequently asked questions, and an overview of state overtime laws. If you have been denied overtime pay, get the legal help you need today. Visit http://www.iqovertime.com and complete the Free Case Evaluation form to have your claim reviewed at no cost.