Money & Jobs
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Biden makes 4 million more workers eligible for overtime pay
The US Department of Labor says updated regulations will increase income thresholds to ensure lower-income salaried employees are fairly compensated when they work more than 40 hours per week.
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Biden administration bans noncompete clauses for workers
The new rule bans new noncompete agreements for the vast majority of American workers and requires employers to let current and past employees know they won’t enforce them going forward. Companies will also be required to throw out existing noncompete agreements.
