Rite Aid does not pay time and a half on holidays.
This is in contrast to most other large employers who do pay time and a half on holidays. This is because Rite Aid operates as a small business.
As such, it is not eligible for the federal government’s exemption from paying time and a half on holidays.
4 Related Question Answers Found
Does Rite Aid pay dividends?
Rite Aid Corporation (NYSE:RAD) is a pharmacy chain in the United States. Rite Aid is a dividend-paying company, and has been paying dividends since 1923. Rite Aid has paid a dividend of $0.76 per share every quarter since the fourth quarter of 2009.
Does Rite Aid pay weekly?
Rite Aid does not pay weekly.
Does Rite Aid pay minimum wage?
Rite Aid does not currently pay its employees a minimum wage. While the company has previously committed to paying its employees a minimum wage of $10.10 per hour, as of September 2017, it has yet to implement this policy. In light of this, some employees have filed a lawsuit seeking to compel Rite Aid to comply.
Does Rite Aid stock pay dividends?
Rite Aid Corporation (NYSE: RAD) is a Fortune 500 company that operates in the United States. The company offers a variety of retail pharmacy, general merchandise, and food and beverage products. Rite Aid Corporation pays a quarterly dividend of $0.60 per share.
