Associate Accountants, Accounting Clerks and Overtime Pay
If you are employed as an unlicensed Junior, Associate, Senior or Consultant Accountant at one of the large accounting firms, or if you are a junior accountant or accouting clerk in any corporation, your employer may be violating the FLSA and state overtime laws by not paying you time and a half for all hours worked over 40. In Kress et al. v. PricewaterhouseCooper, Judge Karlton in the Eastern District of California preliminarily certified an FLSA collective action comprised of Associate and Senior Accountants who were not licensed as Certified Public Accountants. This fact bodes well for those at other accounting firms who are employed in similar positions and are contemplating bringing suit for unpaid overtime. Also, many large corporations violate the FLSA by employing closely supervised "financial accountants" who are not CPAs, perform mostly clerical accounting, and who earn a salary without eligibility for overtime compensation. These violations are particularly egregious given the long hours these accountants are known to work. Also, since the law is developing in favor of paying these employees overtime, it will be difficult for employers to argue that violations are not willful and therefore subject to additional penalties under the FLSA.
