Labor & Employment Law Update

On November 15, 2024, the U.S. District Court for the Eastern District of Texas struck down the Department of Labor’s 2024 overtime rule raising salary thresholds for executive, administrative, and professional employees (under what is known as the “EAP Exemption”) and for highly compensated employees.  As Baird Holm previously reported, […]

On November 5, 2024, Nebraska voters approved, by an overwhelming majority, Ballot Initiative 436 or the Nebraska Healthy Families and Workplace Act (“HFWA”) mandating paid sick time in Nebraska for eligible employees to earn and use for personal or family needs.  Who is covered? The HFWA applies to private employers […]

On November 13, 2024, the National Labor Relations Board notched another anti-employer win[1] for President Biden’s oft repeated goal to become “the most pro-Union Administration in history.”  This one comes at the expense of employers’ free speech rights during a union organizing drive. In the late forties, while our WWII […]

On September 6, 2024, the U.S. Department of Labor (“DOL”) issued a News Release updating its cybersecurity guidance from 2021 and confirming the guidance applies to all ERISA plans, including, in particular, health and welfare benefit plans (as well as all retirement benefit plans). As background, in 2021, the DOL […]

On August 19, 2024, the Internal Revenue Service (“IRS”) released Notice 2024-63 which offers clarification on the requirements for employer-matching contributions to retirement plans for qualified student loan payments (“QSLPs”).  SECURE 2.0 Background QSLPs were introduced by the SECURE 2.0 Act of 2022 (the “Act”) and are permitted for plan […]