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On April 23, 2024 the U.S. Department of Labor (DOL) released the highly anticipated final rule defining Overtime Exemption requirements, including guaranteed salary requirements, for the White-Collar Exemptions: Executive, Administrative, Professional, and Highly Compensated. While the changes to the White Collar Exemptions may not directly impact your dealership, we often find dealers are unaware of other partial Automotive exemptions and the compliance implications those bring forth within the industry.
Additionally, on the same day of the DOL announcement, the Federal Trade Commission (FTC) approved a final rule banning most new noncompete clauses in employment contracts—a sweeping change affecting millions of workers.
The rule also makes all existing noncompete agreements except for those covering senior executives unenforceable and requires employers provide notice to current and former workers that their noncompete clauses are no longer in effect.
So, are you ready? Join CATA and our human resource partner, Jamie Hasty, Vice President at SESCO Management Consultants, to cover important and timely updates to include:
This webinar will be hosted on MICROSOFT TEAMS.
AN EMAIL WITH THE LOGIN INFORMATION WILL BE SENT TO THIS ADDRESS THE MORNING OF THE EVENT.
Chicago Automobile Trade Association18W200 Butterfield Rd. Oakbrook Terrace, IL 60181 (630) 495-2282
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