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Employment Law Watch

Analysis and commentary by Reed Smith attorneys on developments in employment and labor law

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Unpacking the FTC’s ban on U.S. non-compete agreements: Impact on private equity and financial institutions

As we posted yesterday, the Federal Trade Commission (FTC) has at long last issued its final regulatory rule banning virtually all existing and future U.S. non-compete agreements. In this series,...

https://www.employmentlawwatch.com/2024/04/articles/employment-us/unpacking-the-ftcs-ban-on-u-s-non-compete-agreements-impact-on-private-equity-and-financial-institutions/

U.S. Department of Labor mandates two salary threshold incr...FLSA exemptions and a mechanism for future automatic increases

On April 23, 2024, the U.S. Department of Labor (DOL) announced a final regulatory rule that will raise the minimum salary threshold for employees who are classified as “exempt” under the whi...

https://www.employmentlawwatch.com/2024/04/articles/employment-us/u-s-department-of-labor-mandates-two-salary-threshold-increases-for-white-collar-flsa-exemptions-and-a-mechanism-for-future-automatic-increases/