FTC ban on noncompete agreements comes under legal attack
Some companies say a new rule created by the Federal Trade Commission will make it hard to protect trade secrets and investments they make in their employees.
Human Resources
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City-County Council Dems pledge reforms to protect against sexual harassment
Most of the council’s Democratic caucus issued a joint statement Friday morning committing to city human resources reforms in light of sexual harassment allegations against a former top aide to Indianapolis Mayor Joe Hogsett.
IRS to resume processing new pandemic tax credit claims from employers
Businesses have filed at least 3.6 million claims for the Employee Retention Credit since the program’s debut. It has distributed at least $232 billion, far exceeding Congress’s initial expectations.
Indiana Chamber, some companies continue DEI work despite backlash
DEI efforts remain popular with the Indiana Chamber of Commerce and some prominent members of the Hoosier business community even as companies elsewhere back away from what has become a culture war flashpoint.
HR-tech firm UKG eliminating 2,200 jobs, including some in Indianapolis
UKG informed employees earlier this week that it was cutting about 14% of its workforce so the company could “aggressively focus on critical areas of growth.”
Report: Women now comprise majority of law associates
The number of women attorneys reached a historic level nationally last year, a finding that Indiana lawyers confirmed they’re seeing in their day-to-day practices.
Indy Chamber announces leadership changes, promotion
The Indy Chamber on Tuesday announced several changes to its leadership ranks, including a new chief financial officer and vice president of government affairs.
IU Health to eliminate noncompete clauses for primary-care docs
The move comes a year after the Indiana General Assembly passed a law banning noncompete clauses in new contracts for physicians practicing primary care. IU Health said it decided to extend the same benefit to physicians who are currently employed.
Economy added 272,000 jobs in May, surging past expectations
The hotter-than-expected data complicates the overall picture of the labor market as Federal Reserve policymakers look for signs of a softening economy as an indication that inflation can come down enough to lower high interest rates later in the year.
U.S. job openings fall to 8.1M, lowest since 2021
Openings remained at historically strong levels despite high interest rates and signs the economy is slowing.
CEOs at public companies got hefty pay raises in 2023
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.
Study: Amazon warehouse workers say they struggle to afford food, rent
Amazon is the second-largest private-sector employer in the U.S. behind Walmart Inc. and accounts for about 29% of the U.S. warehousing industry workforce, the researchers estimated.
Ordered back to the office, top tech talent left instead, study finds
Return-to-office mandates at some of the most powerful tech companies were followed by a spike in departures among the most senior, tough-to-replace talent, according to a new case.
FTC’s new noncompete ban allows exceptions for mergers
A sale-of-business provision in the agency’s new rules permits entering into a noncompete with a person who is selling a business or disposing of all of the person’s ownership interest in a business in a “bona fide sale.”
New rules add clarity to Pregnant Workers Fairness Act
The EEOC’s final rules are considered by many to be a win over discrimination against pregnant workers. But some oppose provisions that offer time off and other job accommodations for abortions.
Medicare, Social Security go-broke dates delayed in ‘measure of good news’
An improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday. Still, officials warned that policy changes are needed lest the programs become unable to pay full benefits to retiring Americans.
Employees increasingly taking legal action over office mandates
As more companies across the United States take a hard-line stance on office mandates, an increasing number of workers are elevating their complaints to court and federal labor agencies.
FTC’s new noncompete rule ripples out into Indiana
State lawmakers have been wrestling with the agreements for several years. And now a “huge” ruling from the Federal Trade Commission could ban the use of noncompetes for all but the highest earners if it survives legal scrutiny.
Groups sue to block FTC’s new rule barring noncompete agreements
The U.S. Chamber of Commerce and other business groups on Wednesday sued the Federal Trade Commission over a new rule that would make most noncompete agreements illegal, setting up a potential showdown over the scope of the agency’s authority.
FTC bans contracts that keep workers from jumping to rival employers
The rule is set to take effect after 120 days, but business groups vowed to challenge it in court, arguing that the FTC greatly overstepped its authority and enacted a rule that will hurt companies.