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Biden-Harris Administration Announces Final Rule Increasing Overtime Compensation Thresholds

On April 23, 2024, the Biden-Harris administration expanded overtime protections for millions of salaried workers. The rule becomes effective July 1, 2024, and will increase the current salary threshold of $35,568 to $43,888, and then increase again on January 1, 2025 to $58,656. Beginning July 1, 2027, wage thresholds will be updated every three years….

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FTC Issues Rule Banning Noncompete Agreements

On April 23, 2024, the Federal Trade Commission passed a rule banning noncompete agreements.  The FTC previously found that noncompetes negatively impact employees and business in a number of ways and estimates that the move to ban noncompetes will increase the number of new businesses created and will result in higher earnings for workers. The…

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An Overview: Part Two of Colorado’s Equal Pay for Equal Work Act – Transparency in Pay and Opportunities for Promotion and Advancement

On January 1, 2021, Colorado passed the Equal Pay for Equal Work Act. Though these requirements have been in effect for some time, its requirements still seem to get missed from time-to-time. This blog serves as a friendly reminder to employers to review these requirements to incorporate them into everyday practices and job postings. Part…

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