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Legislative lowdown: DOL rescinds Biden-era overtime rule

Francis ScialabbaThe Department of Labor (DOL) recently rescinded a rule that would have raised the salary threshold for white-collar workers to qualify for overtime.The rule, which was issued by President Joe Biden’s administration in April 2024, would’ve raised the annual overtime salary threshold for executive, administrative, and professional (EAP) employees

Some employers rethink 401(k) matches amid financial uncertainty

Francis ScialabbaCould the beloved 401(k) match be next on the benefits chopping block?That looks to be the case for at least one technology services and outsourcing firm. TTEC recently paused 401(k) matches for its US-based employees, Business Insider reported on May 8. The company, which is headquartered in Austin, has