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FTC Announces Rule Banning Noncompetes

On April 23, 2024, the Federal Trade Commission (FTC) voted to issue a final rule that would ban noncompete agreements in virtually all employment relationships.The final rule has not yet been filed in the Federal Register, but is scheduled totake effect 120 days after such filing…

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Mental Health Benefits

More than 1 in 5 Americans have diagnosable mental disorders at some point in their lives, yet only about half of those individuals receive professional mental health treatment. One major determinant of an individual’s access to mental healthcare is whether he or she has health insurance that includes mental health benefits…

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IRS Announces Excepted Benefit HRA Limit for 2025

The IRS has released the inflation-adjusted limit for excepted benefit health reimbursement arrangements (EBHRAs) for plan years beginning on or after Jan. 1,2025. Effective for 2025 plan years, the maximum annual employer contribution for an EBHRA will increase to $2,150 (up from $2,100 for plan years beginning in 2024)…

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Best Practices for Reclassifying Employees as Nonexempt

The Fair Labor Standards Act (FLSA) provides minimum wage and overtime pay protections to most employees. Employees generally must be classified as “nonexempt” and, therefore, be eligible for such minimum wage and overtime protections unless they meet the criteria to be classified as “exempt” from minimum wage and overtime requirements…

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Key Provisions From the DOL’s Final Overtime Rule for White-collar Employees

The Fair Labor Standards Act (FLSA) requires employers to compensate their employees for all hours employees are “suffered or permitted” to work. This requirement includes payment of at least the federal minimum wage and overtime pay for all hours worked in excess of 40 in a workweek. However, the FLSA provides certain exemptions from minimum wage and overtime payment provisions. Among these, the most common are the “white-collar” exemptions…

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DOL Announces Final Overtime Rule Increasing Salary Levels for White-collar Employees

On April 23, 2024, the U.S. Department of Labor (DOL) announced a final rule to amend current requirements employees in white-collar occupations must satisfy to qualify for an overtime exemption under the Fair Labor Standards Act (FLSA). The FLSA white-collar exemptions apply to individuals in executive, administrative, professional, and some outside sales and computer-related occupations…

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