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- 2026
UPDATED–Season’s Greetings: BOI Rules Reversed Again
All over the business world, accountants, lawyers, financial executives and journalists have been scrambling to keep up with the latest soap opera in the financial community: what’s happening with the Corporate Transparency Act and its ownership reporting rules.
Federal Court Strikes Down Overtime Rule
The Department of Labor announced in April 2024 that it would increase the salary threshold required to exempt a salaried bona fide executive, administrative or professional employee from federal overtime pay requirements.
Lonely Leaders
Harvard Business Review reports that at least half of managers and top executives feel isolated and disconnected, while 61% of those surveyed reveal that the alienation hinders their job performance. Anyone with elevated status, not just the CEO or others in the C-suite, may find it challenging to interact with subordinates.
Pay Transparency: Laws and Policies
Did you know that 13 Canadian laws regarding pay transparency have been passed between 2004 and 2016? Designed to protect the rights of workers and enable them to ask about the salaries of co-workers, researchers found that these laws were associated with a 2% drop in wages across the board.
Will My Noncompete Agreement Hold Water?
You may want to require employees to sign noncompete agreements to keep them from working for rival companies. Will these protect the business? The answer is … maybe.
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