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White-Collar Exemptions Exempt-Employees Federal Trade Commission (FTC)

Venable LLP

New Rules Governing Non-Competes and Overtime Compensation

Venable LLP on

Federal agencies have been busy bees this spring, releasing multiple rules that will have a serious impact on employers’ labor and employment practices. This alert provides a high-level summary of some major updates from the...more

Warner Norcross + Judd

FTC Bans Noncompete Clauses in the Employment Context and DOL Imposes Substantial Increase to Salary Threshold for FLSA White...

Warner Norcross + Judd on

On April 23, 2024, the Federal Trade Commission voted to adopt its final rule, which prevents employers from entering into and/or enforcing noncompete agreements against workers. This vote occurred over a year after the FTC...more

Obermayer Rebmann Maxwell & Hippel LLP

Double Trouble: The FTC and DOL Team up Ban Non-Competes and Crackdown on Overtime Nationwide

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

DarrowEverett LLP

Noncompete, Overtime Rules Change, But Legal Challenges Remain

DarrowEverett LLP on

April 23, 2024, was a big day for the Biden Administration, as the U.S. Department of Labor (“DOL”) and Federal Trade Commission (“FTC”) almost simultaneously launched new revamped rules which will affect millions of...more

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