An offshore oil rig employee who earned upwards of $200,000 per year and worked well over 40 hours per week is entitled to receive overtime pay for extra hours worked even though the company classified him as an overtime-exempt executive, the Supreme Court ruled on Feb. 22.
The 6-3 ruling is important because it is expected to have an impact on the energy industry, which tends to rely on daily pay rates instead of salaries to compensate employees, including those who hold high-paying jobs in energy exploration.
