Monthly Archives: May 2024
The Federal Trade Commission (FTC) Announces Rule Banning Noncompetes
Written on May 29, 2024 at 4:49 pm, by Fherlette Del Valle
The FTC’s final rule governing non-compete agreements was published in the Federal Register on May 7, 2024, which means that the rule is set to become effective on September 4, 2024, unless overruled by pending litigation. After this date, existing noncompetes for most workers will no longer be enforceable. What is a noncompete agreementContinue Reading
Are You Prepared for The New Federal Overtime Rule?
Written on May 21, 2024 at 10:44 am, by Fherlette Del Valle
The U. S. Department of Labor (DOL) recently announced that the minimum salary an employee needs to earn to be considered exempt from overtime pay under so-called “white-collar” exemptions will rise soon. The DOL’s objective is to increase the number of employees eligible for overtime, and this change will impact around 4 million workers.Continue Reading