As we previously reported, the Federal Trade Commission (FTC) finalized a rule in April that would prohibit non-competes in most contexts, and was slated to go into effect on September 4, 2024. Businesses and business groups...more
As previously reported by HR Legalist, the Federal Trade Commission (FTC) recently finalized a rule that would prohibit non-competes in most contexts, and which was set to take effect on September 4th of this year....more
While the return of spring is a happy time for baseball fans, employers may be feeling a little less festive this April. Companies across the U.S. have been bracing for two significant regulations that were expected to be...more
4/24/2024
/ Department of Labor (DOL) ,
Employer Liability Issues ,
Employment Contract ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Federal Trade Commission (FTC) ,
Final Rules ,
Highly Compensated Employees ,
Minimum Salary ,
Non-Compete Agreements ,
Restrictive Covenants ,
Unfair Competition ,
Unpaid Overtime ,
Wage and Hour ,
White-Collar Exemptions
Restrictive covenants come in many forms; they can be stand-alone agreements, such as a confidentiality agreement, or they can be included in various types of contracts, such as noncompete or nonsolicitation provisions in...more