HR Pieces: September 2024 News | |
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Dear Lynette,
Greetings from the HR Advantage team! Thank you for subscribing to our monthly newsletter. Each month, we intend to provide timely and valuable tips for maintaining best practices in Human Resources.
We are truly grateful to serve our clients, candidates, and colleagues and want you to know we appreciate working with you!
As you assess your needs for 2024, please keep us in mind as your go-to resource for all things HR!
Sincerely,
The HRA Team-
Lynette, Camille, Karla, Dana, Liz, Seth, Sarah, Erinn, Anita, Sharon, and Michelle
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Lynette Weatherford MA, SPHR, SHRM-SCP, President
Email Lynette
877.894.0202 ext 4
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Camille Knowles PHR,
SHRM-CP HR Advisor
Email Camille
877.894.0202 ext 3
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Karla Callaway BS
HR Advisor
Email Karla
877.894.0202 ext 2
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Dana Baldwin BS, SPHR,
SHRM-SCP, HR Advisor
Email Dana
877.894.0202 ext 1
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Elizabeth Hurst MBA
Business Development Director
Email Elizabeth
877.894.0202 ext 5
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Seth Bunn BS
Recruitment Advisor
Email Seth
877.894.0202 ext 6
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Sarah Matthews BA
Business Developement Manager
Email Sarah
(877) 894-0202 ext 8
t.
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Erinn Johnson
HR Advisor Assistant
Email Erinn
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Anita King MA, SHRM-CRP
Learning and Development Advisor
Email Anita
877.894.0202 ext 7
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HR Hotline | Email | 877-894-0202 ext. 8 | |
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September HR News
- Webinar - Workplace Hot Topics - Sept 26th
- Federal Judge Strikes Down FTC Noncompete Ban
- November Election Could Bring Changes to Missouri Wage and Leave Law
- IRS Announces 2025 HSA and EBHRA Contribution Limits and More...
- Career Opportunities
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HRA Webinar
LAST CALL for Early Bird Pricing!
Register by September 3rd to receive $10 off!
Use coupon code EARLYBIRD at checkout!
Trends, Tips, and Tactics: Your Guide to this Fall’s Workplace Hot Topics!
When: September 26th, 2024
Time: 11 a.m. - 12 p.m. (CST)
Platform: Eventbrite / Zoom
Price: $89
Business Owners, Managers and HR Staff will want to join us as we discuss ways to create and maintain harmony within the workplace during cultural and legislative change by:
- Fostering a safe space for dialogue on subjects such as Political Conversations and Appropriate Conduct, Overtime Threshold, Employer Obligations for Time Off to Vote in MO, and the latest Pregnancy Workers Fairness Act legislation.
- Managing emotional responses.
- Setting boundaries and guidelines which support direct and constructive conversations.
- Encouraging diversity and inclusiveness of thought.
- Constructively addressing conflicts in order to defuse passionate/heated conversations and address them professionally and with compassion.
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Federal Judge Strikes Down FTC Noncompete Ban
On August 20th, Federal Judge Ada E. Brown “ruled that the FTC didn’t have the authority to issue such a broad action and that the rule was arbitrary and capricious”. Brown expressed that this was due to a lack of evidence as to why the FTC chose to impose such a sweeping prohibition in the first place. This decision against the rule proposed in April is permanent and nationwide.
Many lawsuits against the rule had been filed as employers typically used noncompete agreements to protect trade secrets and other sensitive information. Victoria Graham, the FTC spokesperson, said that the agency is considering a potential appeal, and that the FTC is still able to address noncompetes through case-by-case enforcement actions.
Source & Image Source: SHRM
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November Election Could Bring Changes to MO
Secretary of State, Jay Ashcroft, certified a ballot measure advanced by the Missourians for Healthy Families and Fair Wages in August of this year. Proposition A asks to gradually increase minimum wage to $15/hr in Missouri as well as guarantee paid sick leave for workers – up to seven paid sick days per year.
This proposition also asks that minimum wage adjustments to be based on changes in the Consumer Price Index each January starting in 2027 and to allow the Department of Labor and Industrial Relations to provide oversight and enforcement. Exemptions and exceptions would include governmental entities, political subdivisions, school districts, educational institutions, independent contractors, service employees who work for a business that makes less than $500,000 per year, and more.
If passed, Proposition A would not change the Constitution but rather Missouri law which means the General Assembly could repeal the measure.
Source: Polsinelli At Work
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IRS Announces 2025 HSA and EBHRA Contribution Limits and more...
The IRS has now released cost of living adjusted limits for health saving accounts (HSAs), high-deductible health plans (HDHPs), and excepted benefit health reimbursement arrangements (EBHRAs) for 2025.
- HSA Contribution Limits will increase from $4,150 to $4,300 for individuals with self-only HDHP coverage and $8,300 to $8,550 for those with family HDHP coverage.
- HDHP Minimum Deductibles will increase by $50 for self-only HDHP coverage and $100 for family HDHP coverage.
- HDHP Out-of-Pocket Maximums, such as deductibles, copayments, and coinsurance will be $8,300 from $8,050 for self only HDHP coverage and $16,600 from $16,100 for family HDHP coverage.
- The maximum amount for EBHRA Contribution Limit will also increase by $50.
According to EBIA, “EBHRAs are limited-dollar, nonintegrated HRAs that qualify as excepted benefits. They can be offered by employers of any size and must meet specified requirements.” The catch-up contribution limit remains at $1,000 for HSA eligible individuals aged 55 and older.
Source: Thompson Reuters
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