July 2024
John A. Knutson & Co., PLLP (JAK + CO?)
Our numbers are just right!
Updates for Employers Beginning this Summer: Salary Ranges for Job Postings, Noncompete Agreements, Overtime Regulations
Salary ranges for job postings will be required effective January 1, 2025 for employers with 30 or more employees. This Minnesota law will impact most industries meeting this size criteria.
This past spring, the U.S. Federal Trade Commission voted to put into effect the rule that will ban almost all employment noncompete agreements after September 4, 2024. Included in this rule requires employers to provide notices to their employees stating that existing noncompete agreements will not be enforced.
The U.S. Department of Labor has raised the salary threshold for certain workers exempt from overtime requirements. This rule also requires employers to analyze if they must raise salaries of exempt workers.
More information can be found on the sites below:
JAK + Co. Blogs
Due Dates to Remember?
We Are Hiring
Attention all number crunchers -?JAK + CO IS HIRING!?
Are you an accounting student, graduate, or a current CPA??We'd love to welcome you to our mid-sized firm. If you know others who may be interested in learning more about us and our job opportunities, please share this information!