Supreme Court rules Helix Energy oil rig worker who makes $200,000 is entitled to overtime
Publishing timestamp: 2023-02-22 14:10:04
Summary
The Supreme Court ruled that an offshore oil rig worker who earned more than $200000 annually and was classified by his company as a "bona fide executive" is entitled to overtime pay for having worked more than 40 hours per week. The court noted that the case hinged on the issue of whether the worker, whose job is called tool pusher, was paid on a salary basis. The majority opinion, written by Justice Elena Kagan, noted that the worker's biweekly paycheck amounted to his daily pay rate multiplied by the number of days he worked in the pay period. The court's decision could result in a windfall for workers in a variety of occupations.
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Keywords: breaking news: politics, labor regulation, business, politics, elena kagan, energy, helix energy solutions group inc, labor economy, oil and gas, us supreme court, business news,