The Biden-Harris administration’s new overtime rule raises the salary threshold for exempt employees to $55,000, impacting millions of workers. Effective July 1, 2024, this change requires businesses to reassess payroll structures and ensure compliance. Learn more about the implications and how to prepare your company for this significant shift in labor policy.

The FTC’s final rule banning noncompetes marks a major policy shift aimed at boosting economic dynamism by freeing over 30 million Americans from restrictive clauses. This move is set to spark significant wage increases and foster innovation across industries.