The Fair Labor Standards Act of 1938 codifies many aspects of employee compensation, including minimum wage, overtime pay, exempt and nonexempt classification, youth workers' rights and record-keeping. However, the act doesn't govern employment standards concerning vacation pay or time off for vacation.
Pfizer has a rich history and growing presence in New York State. Pfizer was founded in Brooklyn, New York, in 1849, and today New York State is home to Pfizerâs World Headquarters and the largest number of Pfizer employees worldwide.
In 1994 Pfizer agreed to pay $1.5 million as part of a consent decree with the EPA in connection with its dumping at a toxic waste site in Rhode Island. In 1998 Pfizer agreed to pay a civil penalty of $625,000 for environmental violations discovered at its research facilities in Groton, Connecticut.