Highly-Paid Executives May Be Entitled to Overtime Compensation

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 “salary basis test” – finding that not only is the rate of pay important, so is the basis on which the pay rate is determined. The Court’s holding confirms that even very highly compensated executives may be entitled to overtime. READ MORE