Supreme Court rules in favor of well-paid oil and gas company supervisor in overtime compensation dispute.
Consider for a moment whether a company supervisor who makes over $200,000 annually is a “salaried employee” or not, and whether he is, despite being well paid, entitled to overtime pay under the Fair Labor Standards Act (“FLSA”)? The U.S.
Who is entitled to overtime? | Fortune
CFOs are concerned about compliance risks . And at a time when talent, pay, and compensation are top of mind, the highest court in the U.S. is weighing in on employment laws.
"Frankly, every employer should review their wage and hour compliance on a fairly regular basis because the laws are complicated, as evidenced by this Supreme Court decision; and the laws are subject to different interpretations and change," says Alex Granovsky, a labor and employment attorney at ...
Overtime Pay Mandate for Six-Figure Earners to Spur Litigation
The US Supreme Court's recent decision that a worker making $200,000 a year still can be eligible for overtime pay is raising the question of whether Congress intended to provide such protections to highly paid employees.
Management-side attorneys conceded that the language of Labor Department regulations implementing the Fair Labor Standards Act supports the majority's finding that the worker wasn't paid on a salary basis, and thus is entitled to overtime pay.
Biden Is 'Very, Very Interested' in More Workers Getting Overtime Pay, Key Dem Says
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