Reopening your Firm Carefully and Compassionately in the COVID-19 Era

Department of Labor

DOL Final Rule Blocked: No Salary Level Increase for January 1, 2025

With this decision, the federal court rendered all elements of the Final Rule null and void: the July 1, 2024 salary level increase, the January 1, 2025 salary level increase, and planned future increases for both.

November 18, 2024

employee agreements

NLRB Targets Non-Compete and “Stay-or-Pay” Provisions

Although the FTC’s attempted nationwide ban on noncompetes was blocked by a Texas federal judge in August 2024, that decision has no impact on the NLRB enforcement of employee rights under the NLRA.

November 11, 2024

benefits

New IRS Benefits Limits for 2025

Each year, the IRS sets new limits for ACA high deductible plans, employee benefits plans, flex plans, and retirement plans. Below is Lake Effect’s ready reference

November 4, 2024