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Timeshare company to pay $868,000 in back wages

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in Compensation and Benefits,Human Resources

Orlando-based Central Florida Investments will pay $868,443 in back pay and overtime to 1,065 employees to settle a complaint filed with the Wage and Hour Division of the U.S. Department of Labor.

A DOL investigation revealed the firm, which markets timeshare vacation home ownership, failed to pay minimum wage to employees scheduling timeshare tours and did not properly compute commissions and overtime.

Central Florida Investments agreed to correct the errors that led to the underpayments and institute new bookkeeping procedures to ensure paychecks are properly computed in the future.

Note: Commissions and bonuses can create confusing wage-and-hour issues. Employers with exotic compensation plans should have them reviewed by an attorney well versed in the Fair Labor Standards Act.

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