The future of a Federal Trade Commission ban on noncompete agreements, scheduled to take effect this fall, is unclear after a preliminary ruling from a federal court last week. Nearly 1 in 5 Americans, an estimated 30 million people, are subject to a noncompete agreement, according to the FTC. The agreements prevent workers from taking a new…
Read MoreThe Department Of Labor (DOL) has released a final rule that revises overtime regulations under the Fair Labor Standards Act (FLSA). Here are the key points: Salary Threshold Increase: Effective July 1, 2024, an executive, administrative, or professional employee must receive a salary equivalent to $43,888 per year to be classified as exempt. This threshold…
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