BW INSIGHTS

The FTC Votes to Ban Non-Compete Agreements

In a 3-2 vote, the Federal Trade Commission (“FTC”) issued a new rule (the “Final Rule”) on April 23, 2024, banning virtually all post-employment non-competes in employee-employer contracts. In a highly anticipated decision, the FTC found that non-compete agreements between an employer and employee are unfair competition violating section 5 of the... Read More

DOL Independent Contractor Final Rule

On January 9, 2024, the Department of Labor (DOL) released its Final Rule which changes the criteria for classifying independent contractors under the Fair Labor Standards Act (FLSA). The Final Rule is set to take effect on March 11, 2024, and rescinds the 2021 independent contractor rule, replacing it with an analysis that the DOL explains, is... Read More

The NLRB Issues a Final Rule Regarding The Joint-Employer Standard

On October 26, 2023, the National Labor Relations Board issued a final rule addressing how to determine whether two employers have joint-employer status. The final rule introduced a broadened standard as to who may classify as a joint-employer. The new standard will go into effect on December 26, 2023. A “New” Standard The final rule establishes... Read More

Proposed Overtime Rule: What Employers Need to Know

The U.S. Department of Labor is shaking up the employment landscape with a proposed rule that’s set to benefit approximately 3.6 million salaried workers. This rule, proposed on August 30, 2023, seeks to expand overtime protections, ensuring overtime compensation for those who’ve been working long hours without extra pay. In this blog post, we’ll... Read More

Minnesota Passes Paid Family and Medical Leave: Effective in 2026

Paid Family and Medical Leave On May 25, 2023, Minnesota Governor Tim Walz signed a Paid Family and Medical Leave bill (HF 2). The law provides employees with up to 20 weeks of paid family or medical leave per year. The leave program will be administered by a new division of the Minnesota Department of Employment and Economic Development: The... Read More

Updates to Form I-9 Effective August 1, 2023

The U.S. Citizen and Immigration Services is set to publish a revised Form I-9 on August 1, 2023. The old Form I-9 may be used through October 31, 2023, after which employers will be subject to penalties. The revised Form I-9 follows from the Department of Homeland Security (DHS) recognizing the end of temporary Covid policies that allowed for... Read More

Dept. of Labor Offering $15M in Grants to Address Workforce Challenges in Critical Sectors: What Iowa Employers Need to Know Before Applying

On May 17, 2023, the U.S. Department of Labor announced the availability of $15 million in grants to help address challenges the workforce system faces in training people for good jobs in critical sectors including care, climate resiliency, and hospitality. The program was designed to improve job quality and the availability of good jobs,... Read More

Key Immigration Considerations in Mergers and Acquisitions

Mergers and acquisitions (M&A) have become common strategies for companies seeking growth, market expansion, or increased competitiveness. However, M&A activity is typically complex, high value and long-term in nature. It is therefore vital that both buyer and seller understand the full range of obligations, liabilities, risks and opportunities... Read More

Child Labor Regulations Relaxed in Iowa

On May 26, 2023, Iowa experienced a significant development in its child labor laws as Governor Kim Reynolds signed a new bill into law. This legislation, which had previously cleared the state legislature (House 60-34, Senate 29-18), was submitted to Governor Reynolds for her final approval on May 3, 2023. The newly enacted law modifies existing... Read More