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Overtime pitfalls: The lurking traps

A rash of wage-and-hour lawsuits is drawing attention to the often-overlooked complexities of overtime pay laws. Think you don't owe overtime? Check our gallery of potential tripwires.

Illustrations by Terry Allen for Fortune Small Business.

The Overtime Bomb
The Overtime Bomb
Rod Cotner, owner of Jericho Mortgage in Lancaster, Ohio, was shocked when the U.S. Department of Labor showed up at his door to investigate a wage-and-hour lawsuit filed on behalf of his 54 loan officers and sales managers.

His company was growing - sales exceeded $4 million that year - and his employees were profiting: "Some of the staffers named in the lawsuit were making over $150,000," he says. "After working in the industry for years, I'd never heard of this happening."

Hear more from Rod and other business owners who stumbled into the overtime-law thicket in our feature story: "The Overtime Bomb."

What's your take on overtime pay laws? Join the discussion in our forum.

Last updated January 22 2008: 8:59 AM ET

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