On Thursday, June 27th, business owners and professionals gathered online for a critical webinar titled “Big Changes Coming To Your Business,” hosted by Bean, Kinney & Korman, P.C. The event featured shareholders Mark Viani and Doug Taylor, who provided an in-depth look at significant changes in federal workplace laws set to take effect this summer or later in 2024. With their combined expertise, Viani and Taylor led a lively and informative discussion, answering pressing questions from attendees and offering crucial insights into how these changes will impact businesses nationwide. The topics discussed included:
The Federal Trade Commission’s Final Noncompete Rule
- Is the FTC’s ban on new employee noncompetes really as comprehensive as it seems?
- Are restrictions on employee solicitation of your customers still permitted?
- What notice must employers provide to employees about the new FTC noncompete restrictions?
The Department of Labor’s New Final Rule Restoring and Extending Overtime
- Learn about DOL’s increase to the standard salary level required for exempt from overtime status under the Fair Labor Standards Act.
- Learn about increases in the annual compensation threshold for highly compensated employees.
- Learn how the DOL will implement standard salary levels updates in the future.
The Corporate Transparency Act
- Do you own a small business? One with fewer than 20 employees and less than $5 million in revenue?
- Chances are very good that you are required to file “beneficial ownership information” with FinCEN under the Corporate Transparency Act this year.
- Learn about the Corporate Transparency Act and what information you are required to file about any individual who is a beneficial owner of your business
You can watch the full webinar below: