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The Federal Trade Commission (FTC) has announced a proposal that would ban noncompete clauses, which are contracts that can prohibit employees at a company from job jumping within their career field, trading company insights, and more. . Research from the Economic Policy Institute shows 49.4%
While there’s been much talk about the sought-after four-day workweek, or even the five-day, 32-hour workweek, have you heard of the proposed 70-hour workweek? Conversely, a shorter workweek, such as a four-day workweek, is often proposed as a way to improve work/life balance.
Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. We wish we had a crystal ball, but we don’t. Final e-filing regs.
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You can have a policy against paying employees in crypto and it probably won’t be a deal-breaker for the vast majority of employees. Not easy to value: None of the proposed models for valuing cryptocurrencies are as sound as traditional discounted cash-flow analysis for equities or interest-and-credit models for debt. It’s happened.
The quick summary from that article is: self-employed who are younger or have higher incomes will likely be better off under the Republican proposed American Health Care Act (AHCA, a.k.a. percent increase on the Medicare payroll tax, and a 3.8 Most of what we say in that article is still true. Trumpcare). So they are winners too.
Vivek Ramaswamy described the policy as a means of “streamlining bureaucracy” by making federal jobs less appealing to those who value flexible work arrangements. He estimated that roughly a quarter of federal employees would voluntarily leave their positions if such measures were imposed , reducing payroll costs without direct layoffs.
central bank last month projected a shallower path of rate cuts this year than had been forecast in September, when it launched its policy easing cycle. Fed policy is aimed at supporting the economy and the job market before a recession shapes up.” The policy rate was hiked by 5.25 in October. 28, the claims report showed.
The “deferred resignation program” would allow federal employees to remain on the payroll through Sept. ” Democratic Senator Tim Kaine on Tuesday called the proposal a “fake offer”, saying Trump did not have authority to offer it and employees may not get the promised payouts. government.
Calm Before The Storm For now, claims are consistent with a fairly healthy labor market and give the Federal Reserve room to keep interest rates unchanged as policymakers monitor the economic impact of the Trump administration’s fiscal, trade and immigration policies, deemed inflationary by economists. The policy rate was hiked by 5.25
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