The Two-Minute Tuesday Tip shares a noteworthy tidbit of information in less time than it takes to brew your favorite café beverage. In this episode, you'll learn about the latest compliance changes throughout the U.S. and Canada.
For the full details on the compliance updates we talk about today, visit our companion blog over at the Working Smarter Cafe, Heatwaves and Regulations: May's Compliance Forecast.
ASHLEY: Welcome back to the Working Smarter Cafe, everyone! I'm your host, Ashley Gordon, and for today’s Two-Minute Tuesday Tip, we’ll be going over the latest compliance updates throughout North America. Settle in and listen up, because this month brings fresh changes across the board on a provincial, state, and Federal level.
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ASHLEY: The US Federal government came out of the gate strong this May with new overtime exemption standards, and an overhaul of what we knew about non-compete agreements. The minimum salary for overtime exemption incrementally increases to $58,656 by January 1, 2025. Further, the highly compensated employee threshold increases $151,164 annually by January 1, 2025.
In another significant shift, the Federal Trade Commission ruled that existing non-compete agreements for non-executive employees are unenforceable. Existing executive level non-competes have been grandfathered in, but entering into any new noncompete agreements is not allowed. This move will likely bring changes to many job contracts and renegotiations throughout the year.
As of July, this summer, several cities in Washington, California, and Washington D.C. increased their minimum wage rates to meet inflation rates.To close with a quick update, the Huerta v CSI Contractors case in California came to a ruling on March 25th, 2024. In a nutshell, this move is part of a larger trend towards paying employees for short periods of “off the clock” work such as post-shift inspections of cars or bags or opening and closing a store.
Be sure to check out our companion blog post on the Working Smarter Café for more details of these compliance updates and more. That’s it for today’s episode of the Working Smarter Café. Until next time, I’m Ashley. Bye.
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