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30Aug

Day Rate Satisfies FLSA’s Highly Compensated Employee Salary Requirement, Fifth Circuit Rules

Paying an employee a day rate of $1,000 per day satisfies the salary basis test for purposes of the overtime exemption applicable to a “highly compensated employee” (HCE) under the Fair Labor Standards Act (FLSA), the U.S. Court of Appeals for the...
By: Jackson Lewis P.C.
Source Url: https://www.jdsupra.com/legalnews/day-rate-satisfies-flsa-s-highly-91009/

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