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CBP Foundations Bundle ($1,116 USD per course) Add to Cart COURSE (1 OF 3) Total Rewards Management for Benefits Success View Details COURSE (2 OF 3) Regulatory Environments for Benefits Programs View Details COURSE (3 OF 3) Strategic Communication in Employee Benefits View Details CBP Plan Design and Administration Bundle ($1,116 USD per course) Add to Cart COURSE (1 OF 4) Retirement Plans: Design Considerations & Administration View Details COURSE (2 OF 4) Health and Welfare Plans: Strategic Planning and Design View Details COURSE (3 OF 4) Health and Welfare

Department of Labor’s April 2024 final rule had mandated that employees (in most cases) who are classified as exempt from overtime by their employer make at least $43,888 in base salary beginning on July 1, 2024 (up from the previous $35,568 annual standard outlined in the DOL’s 2019 final rule) and $58,656 in base salary beginning on Jan. 1, 2025.

Toward the HCE exemption, the DOL’s 2024 rule mandated that classified workers make at least: $132,964 in total annual compensation on July 1 (up from the previous $107,432 outlined in the 2019 final rule), and;$151,164 on Jan. 1, 2025.; Jordan’s Nov. 15 decision served to: Quash the Jan. 1 threshold increases;;Rescind the July 1 increases;;Eliminate another increase slated for July 1, 2027; and,;Nix the automatic “escalator” provision, which would have raised the thresholds every three years going forward, starting with the July 1, 2027, compliance date.; So, where does this all go from here?

WorldatWork HRCI* SHRM** Credits 1 compensation domain-specific 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.

WorldatWork HRCI* SHRM** Credits 1 benefits domain-specific 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.

WorldatWork HRCI* SHRM** Credits 1 General 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.

.; ;Requires employers to provide written notice to workers byOct. 1, 2027, informing them their old noncompete agreements are no longer enforceable.; ;Voids agreements with employees and independent contractors that restrict them from working in their field after leaving a position.; ;Prohibits employers from enforcing, threatening or even suggesting a noncompete applies to the employment relationship.; ;Prevents “stay or pay” restrictions that require workers to pay back training costs or bonuses if they leave, with narrow exceptions for education expenses.; ;Stipulates that violations can trigger lawsuits, with penalties of $5,000 or actual damages, plus attorney fees.; ;Does not affect agreements that protect confidential information, trade secrets or inventions.; ;Does not apply to “sale-of-business” agreements (where an individual sells or acquires at least 1% of a company), certain franchisee transactions and certain narrowly drafted nonsolicitation agreements.; Next Steps Law

Here are five health benefits trends that are now in focus. 1.

Access additional Workspan Daily articles related to H.R. 1: The Facts on Tax: Breaking Down the H.R. 1 Overtime, Tips Provisions;How H.R. 1 Changes Your Section 127 and 529 Education Programs;Prepare Your Systems for H.R. 1-Related Reporting and Administration;New U.S.

WorldatWork HRCI* SHRM** Credits 1 benefits domain-specific 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.