IBM was involved in some lawsuits about misclassifying workers as exempt. As a result, they said "OK, we agree you qualify for overtime, so we are reducing you

IBM was involved in some lawsuits about misclassifying workers as exempt. As a result, they said "OK, we agree you qualify for overtime, so we are reducing your base salary by 15% and you can earn overtime on top of that. Oh, and in unrelated news, now there is no overtime hours." It was pretty shitty for the workers in the end. Source: http://www.informationweek.com/news/205917177 http://www.informationweek.com/news/205917177