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LABOR AND EMPLOYMENT LAWS - Louisiana

LABOR AND EMPLOYMENT LAWS AFFECTING THE INSURANCE INDUSTRY 1 LABOR & EMPLOYMENT Issues for insurers Classification as exempt v. non-exempt Classification as independent contractor v. employee Miscalculating work time: overtime, breaks, working remotely, bonuses, etc. 2 FLSA Myths Salaried workers can t receive overtime pay. Salary does not equal exempt. Exempt employees can receive additional pay. If I work on commission, I am not entitled to overtime. 100% commission does not equal exempt. 3 FLSA Myths I can t be forced to work overtime.

Labor & Employment Issues for Insurers Classification as exempt v. non-exempt ... U.S. Supreme Court – FLSA “Economic Realities” Factors: (1) The extent to which the worker’s services are an integral part of the employer’s business (examples: ... exercising managerial skill or suffer a loss of capital investment?); and (6) The level ...

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  Economic, Insurer, Capital, For insurers

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