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foreign companies avoid paying about four billion dollars in overtime wages by inventing dubious titles and the reason they do this is it allows them to get around a federal labor law it is most often a strategy used by retail and restaurant companies again where they have hired hourly workers okay so theyre paid by the hour and this is taking advantage of the fair labor standards act which exempts companies from paying overtime wages if the employee is a manager and gets paid a salary above a certain a certain threshold so heres this law the fair labor standards Act and the idea here is is if youve got a person in leadership position where theyre going to be called upon to obviously pull a lot more weight to to to to maybe deal with times of Crisis or times of uncertainty and so the idea is well if theyre a if theyre a management position uh were going to protect the company from paying overtime if the managers got to pull some crazy hours because theres some type of Crisis
