A Resource for Texas Employers
On June 12, 2026, the Fifth Circuit issued its decision in Guilbeau v. Schlumberger Technology Corporation, No. 25-50594, holding that a hybrid compensation scheme combining a fixed biweekly salary with variable day rates qualified as “salary basis” pay under the FLSA, exempting the named plaintiff from overtime as a highly compensated employee (HCE).
Background…
On July 14, 2025, the U.S. Court of Appeals for the Fifth Circuit issued a significant decision addressing the application of the Fair Labor Standards Act (FLSA) overtime exemption for highly compensated employees (HCEs) in the oilfield services sector. In Gilchrist v. Schlumberger Technology Company, the court reversed a district court ruling and held…
The price of oil has dropped significantly from its 2014 highs and the effect of this drop is trickling down to the oil field service providers. Energy exploration and production companies are drastically cutting their capital expenditure budgets for the coming fiscal year. Today, Schlumberger announced that it was laying off 11,000 employees in addition…
