SAN JOSE, CA – A U.S. Department of Labor investigation has revealed that Intuit, a Silicon Valley-based multinational provider of payroll and financial software applications, failed to keep accurate pay records and did not compensate employees for certain work hours, including required training time. This resulted in more than 2,500 employees being deprived of over $555,000 in overtime pay.
The department’s Wage and Hour Division determined that these recordkeeping errors led the Mountain View-based employer to pay incorrect amounts for overtime worked, constituting a violation of the Fair Labor Standards Act (FLSA). The affected employees are located across the United States.
“While employers have no excuse for depriving workers of their full earned wages, including overtime pay, we appreciate that Intuit’s legal team worked with the U.S. Department of Labor to resolve the matter soon after being made aware of our findings,” said Wage and Hour Division District Director Francisco Ocampo in San Jose, California. “We encourage employers, large and small, to contact us with questions about workers’ rights or other concerns about their employment practices.”
In total, 2,607 Intuit employees will benefit from the division’s recovery of overtime wages.
Intuit operates a publicly traded global financial technology platform serving approximately 100 million customers worldwide with products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp. The company employs around 18,000 people across 19 offices in eight countries.
Under the FLSA, most U.S. employees must be paid overtime at not less than one-and-a-half times their regular rate for all hours worked over 40 in a workweek. More information about the Wage and Hour Division and workers’ rights is available online. Employers and workers can contact division staff confidentially with questions through the agency’s toll-free helpline at 866-4US-WAGE (487-9243). The department also offers a free Timesheet App in English and Spanish to help track work hours and pay.
