HR Compliance Update | September 24, 2024

HR Compliance Update | September 24, 2024

FEDERAL UPDATES Exempt Salary Basis:  Reminder that the exempt salary basis for executive, administrative, and professional employees will increase again on January 1, to $58,656 ($1,128 per week).  It is then expected to increase every three years in July.  Legal...
3 Ways To Reduce Workers’ Comp Expenses

3 Ways To Reduce Workers’ Comp Expenses

Workers’ compensation claims can be incredibly expensive for insurers. At the top end of the spectrum, an amputation can cost an average of $126,033. Even a fracture or dislocation can add up to $62,240.  When your workers’ comp claims increase, the insurer passes on...
HR Compliance Update | September 24, 2024

HR Compliance Update | September 10, 2024

FEDERAL UPDATES Tip credits:  A Texas federal appeals court just blocked the DOL’s 2021 80/20 (aka 80/20/30 or 80/20 plus 30) regulation related to tip credits.  The rule disallowed tip credits for (i) time spent performing directly supporting work (i.e. rolling...
HR Compliance Update | August 29, 2024

HR Compliance Update | August 29, 2024

FEDERAL UPDATES FTC Noncompete Ban Blocked Nationwide.  A federal judge in Texas issued a strongly-worded final opinion blocking (nationwide) the FTC’s expansive ban on nearly all noncompete agreements.  Employers preparing to send notices to current and former...