Overtime – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 30 Oct 2019 06:02:18 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Overtime – Investment Executive https://www.investmentexecutive.com 32 32 Settlement could redefine overtime pay https://www.investmentexecutive.com/newspaper_/news-newspaper/settlement-could-redefine-overtime-pay/ Tue, 27 Sep 2016 05:55:00 +0000 https://www.investmentexecutive.com/uncategorized/settlement-could-redefine-overtime-pay/ A first in Canada for advisors, a settlement has resulted in the implementation of an overtime pay policy for trainees

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CIBC advisor overtime class action denied again https://www.investmentexecutive.com/news/industry-news/cibc-advisor-overtime-class-action-denied-again/ Mon, 06 Oct 2014 19:00:00 +0000 https://www.investmentexecutive.com/uncategorized/cibc-advisor-overtime-class-action-denied-again/ Lower court decisions upheld by the Court of Appeal of Ontario

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Overtime pay settlement seen to be fair https://www.investmentexecutive.com/newspaper_/news-newspaper/overtime-pay-settlement-seen-to-be-fair/ Fri, 19 Sep 2014 04:00:00 +0000 https://www.investmentexecutive.com/uncategorized/overtime-pay-settlement-seen-to-be-fair/ The judge who oversaw the class-action lawsuit views the settlement "as an excellent and creative resolution"

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Court issues reasons for approving Scotia overtime settlement https://www.investmentexecutive.com/news/industry-news/court-issues-reasons-for-approving-scotia-overtime-settlement/ Thu, 28 Aug 2014 14:45:00 +0000 https://www.investmentexecutive.com/uncategorized/court-issues-reasons-for-approving-scotia-overtime-settlement/ Total cost of settlement estimated in excess of $95 million

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Scotiabank overtime settlement approved https://www.investmentexecutive.com/news/industry-news/scotiabank-overtime-settlement-approved/ Tue, 12 Aug 2014 19:50:00 +0000 https://www.investmentexecutive.com/uncategorized/scotiabank-overtime-settlement-approved/ Class action members invited to make claims for any overtime that was worked but not previously compensated

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Settlement reached in Scotiabank overtime case https://www.investmentexecutive.com/news/industry-news/settlement-reached-in-scotiabank-overtime-case/ Thu, 24 Jul 2014 22:30:00 +0000 https://www.investmentexecutive.com/uncategorized/settlement-reached-in-scotiabank-overtime-case/ Details of class action settlement involving retail branch workers subject to court approval

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BMO Nesbitt overtime class action to proceed https://www.investmentexecutive.com/news/industry-news/bmo-nesbitt-overtime-class-action-to-proceed/ Wed, 18 Dec 2013 22:20:00 +0000 https://www.investmentexecutive.com/uncategorized/bmo-nesbitt-overtime-class-action-to-proceed/ Court denies brokerage firm’s leave to appeal

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Overtime for advisors? https://www.investmentexecutive.com/newspaper_/news-newspaper/overtime-for-advisors/ Fri, 20 Sep 2013 04:00:00 +0000 https://www.investmentexecutive.com/uncategorized/overtime-for-advisors/ A class action by advisors against BMO Nesbitt Burns is moving forward - and highlights issues with workplace practices

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BMO class action certified https://www.investmentexecutive.com/news/industry-news/bmo-class-action-certified/ Tue, 20 Aug 2013 18:25:00 +0000 https://www.investmentexecutive.com/uncategorized/bmo-class-action-certified/ Plaintiffs allege BMO Nesbitt Burns “misclassified” employees thereby disqualifying them from earning overtime pay

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Advisor overtime class action hits roadblock https://www.investmentexecutive.com/news/industry-news/advisor-overtime-class-action-hits-roadblock/ Thu, 25 Apr 2013 15:30:00 +0000 https://www.investmentexecutive.com/uncategorized/advisor-overtime-class-action-hits-roadblock/ Eligibility for overtime for CIBC IAs continues to be an issue that must be determined on an individual basis, court rules

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