PNC hit by wage and hour lawsuit filed by current, former employees
PNC Bank violates state and federal wage laws when it comes to paying its mortgage loan officers, three former employees and one current employee claim in a proposed federal class-action lawsuit filed Friday.
The current and two of the former employees worked for PNC in Florida while the other former employee worked in Ohio. Their employment contracts require any lawsuits be filed in Pittsburgh, the lawsuit says.
The lawsuit seeks to represent all mortgage loan officers who have worked in Pennsylvania during the last three years and any former mortgage loan officers who had to sign an employment contract the bank circulated after it was sued in 2011 for misclassifying them as being exempt from wage and hour laws.
A PNC spokesman couldn’t be reached for comment.
The lawsuit claims that while PNC appears to pay mortgage loan officers an annual salary of $24,000, it deducts that amount from their commissions. The bank discourages them from reporting overtime and, when they work approved overtime, also deducts the regular pay portion of that overtime, $11.54 per hour, from their commissions, the lawsuit says.
PNC also underpays overtime by not including their commissions and bonuses as part of their total wages before calculating the hourly rate that it pays time-and-a-half on, the lawsuit says.
Brian Bowling is a staff writer for Trib Total Media. Reach him at 412-325-4301 or [email protected].