New DOL base salary requirement + the FTC ban on noncompetes.

Autor: FORD, WILLIAM E.
Předmět:
Zdroj: Director (NFDA Services, Inc.); Jul2024, Vol. 96 Issue 7, p30-32, 3p
Abstrakt: The article discusses the challenges and costs faced by funeral home owners and managers in relation to labor and employment. The U.S. Department of Labor (DOL) has increased the base salary requirement for exemption from overtime pay, which will result in around four million additional workers becoming eligible for overtime pay. The article also mentions the Federal Trade Commission's (FTC) ban on noncompete agreements, which will prohibit employers from using such agreements with workers starting from September 4, 2024. The article provides recommendations for funeral home owners and managers to ensure compliance with these regulations. [Extracted from the article]
Databáze: Complementary Index