In a reminder that it takes more than a big paycheck to be exempt from the overtime requirements of the Fair Labor Standards Act (“FLSA”), the U.S. Supreme Court held in Helix Energy.
After an extensive analysis of the Fair Labor Standard Act’s (FLSA) provisions governing overtime pay as applied to highly-paid employees, the Supreme Court has upheld the FLSA’s.
The new overtime regulation is a welcome and long overdue update,and it has broad implications for the more than 100 million workerswho do not currently receive overtime protections. Nearly 1.3million low-income, white-collar workers would become eligibleunder the new regulation. Additionally, few workers who earnbetween $23,660 and $100,000 per year would be adversely affectedby the new regulation.