2024 SESCO Webinar Series
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The U.S. Department of Labor (DOL) has released the anticipated final rule defining Overtime Exemption requirements, including guaranteed salary requirements, for the White-Collar Exemptions: Executive, Administrative, Professional, and Highly Compensated.
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The U.S. Federal Trade Commission (FTC) has approved a final rule banning most non-compete clauses. Specifically, the rule makes all non-compete agreements, except for those covering “senior executives”, unenforceable and requires employers to provide notice to current and former employees that their noncompete clauses are no longer in effect. “Senior executives” are employees earning over $151,164 who work “in a policy-making position”.
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