ASAToday for July 3rd, 2025

Changed Overtime Rule for Salaried Employees The U.S. Department of Labor announced on Tuesday, April 23, 2024, the release of a final rule raising the minimum annual salary threshold for overtime pay eligibility.  This primarily applies to executive, administrative, and professional employees, commonly referred to as the “White Collar Overtime Exemptions.” The Fair Labor Standards…

FTC Announces Rule Banning Non-Competes On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 along party lines to approve its new rule on non-competes. The new rule, which will take effect in 120 days, essentially bans non-competes for all workers, finding them “an unfair method of competition – and therefore a violation…