US: Coke to pay US$8.1m in salary compensation

By just-drinks.com editorial team | 28 May 2002

Coca-Cola Co is to pay out some US$8m in compensation after it was found that the soft drinks giant had underpaid more than 2,000 current and former employees. The discovery comes after an audit conducted by a federal agency, as well as an internal review by the company itself. Coca-Cola will, under an agreement with the US Department of Labor's Office of Federal Contract Compliance Programs, pay US$4.2m to 980 current and former employees who hold or held mostly professional-level positions at the company's headquarters in Atlanta.

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Coca-Cola Co is to pay out some US$8m in compensation after it was found that the soft drinks giant had underpaid more than 2,000 current and former employees. The discovery comes after an audit conducted by a federal agency, as well as an internal review by the company itself. Coca-Cola will, under an agreement with the US Department of Labor's Office of Federal Contract Compliance Programs, pay US$4.2m to 980 current and former employees who hold or held mostly professional-level positions at the company's headquarters in Atlanta.

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