Halliburton Ordered to Pay $18.3 Mln in Pending Overtime Wages

Posted by Eric Haun
Tuesday, September 22, 2015

Oilfield services provider Halliburton Co has agreed to pay $18.3 million total to over 1,000 U.S. employees in pending overtime wages, the U.S. Labor Department said.

Halliburton, which was investigated as part of a multi-year compliance initiative in the oil and gas industry in the Southwest and Northeast, incorrectly categorized employees in 28 job positions as exempt from overtime, the department said on Tuesday.
(Reporting by Anannya Pramanick in Bengaluru; Editing by Kirti Pandey)
Categories: Energy Finance Legal People & Company News

Related Stories

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

Suburban Propane President & CEO Honored with Dual Awards

Chinese Sanctions on Hanwha Put $150B South Korea-US Shipbuilding Plan at Risk

Current News

Trump Administration Seeks to Negotiate with China on Shipping

CMA CGM Reverses Mali Suspension

LNG Canada Starts Up Kitimat Train 2

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

Subscribe for Maritime Logistics Professional E‑News