NEW YORK, June 25, 2014 /PRNewswire/ -- It has been all over the news the past few months as many cities have made the move to increase minimum wage for workers within their city. In fact, last week Seattle raised its minimum wage to an unprecedented $15 an hour, more than twice the current federal wage threshold of $7.25 per hour and above the current minimum wage in Washington State of $9.32. Earlier this year, Minnesota raised the state's guaranteed wage by more than $3 to $9.50 and Maryland and Connecticut have passed laws increasing their respective wages to $10 or more in coming years.
There may not be many cities opting to increase the minimum wage to $15, but regardless, workers are always entitled to be paid at least the federal wage threshold and in many cases, need to be aware of their rights when it comes to other types of employer wage and hour violations.
"Although it may not always be intentional, employers will often have their employees work 'off the clock' through lunch breaks or after punching out without pay," said Maciel Cruz of Pegasus Legal Funding. "The federal Fair Labor Standards Act (FLSA) protects against violations involving issues such as minimum wage and overtime pay."
According to the Society of Human Resource Management (SHRM), violations of wage and hour laws are one of the largest employment practice risks that employers face. In the last few years, that number of FLSA lawsuits has nearly quadrupled from just over 1,000 to more than 7,000.
Many states have complicated labor laws and reaching a fair settlement can take time. Pegasus allows victims to breath easy by providing them with the funds they need to work through a pending labor lawsuit.
If you or a loved one are involved in a lawsuit related to employment labor laws, Pegasus Legal Funding can help. If you're in need of lawsuit settlement funding you may apply right now to: http://www.mylawfunds.com/contact-us.html. As a direct funding company, Pegasus Legal Funding is in a unique position to provide assistance to you or your loved one's that may be involved in a lawsuit related to employment labor laws. Our firm does not offer lawsuit loan, lawsuit loans, pre-settlement loans, or a pre-settlement loan, however, we offer non-recourse lawsuit cash advances. To learn more about this please visit our website. If you prefer to speak to a live representative confidentially and professionally about your specific case and funding needs you may call Pegasus' toll free hotline at 855-FUND-YOU/855-386-3968
SOURCE Pegasus Legal Funding