The United States will impose new tariffs on Chinese imports to mitigate the flood of artificially low-cost products dumped onto global markets. President Joe Biden announced Tuesday that the move targets various materials, including aluminum, steel and solar products.
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On April 23, 2024, the Biden administration announced the final overtime rule where the threshold for overtime exemption under the Fair Labor Standards Act (FLSA) will increase from $35,568 to $58,656 per year. The rule goes into effect July 1, 2024. The National Association of Wholesaler-Distributors (NAW), vehemently opposes the Department of Labor’s overtime rule, stating that increasing the minimum salary threshold by at least 65% will stifle employee growth opportunities, diminish workplace autonomy, and limit flexibility.
Read NAW Statement
The Federal Trade Commission voted 3-2 to approve a rule prohibiting the use of noncompete provisions for many workers. The National Association of Wholesaler-Distributors (NAW) said the FTC’s ban exceeds the agency’s authority, threatens to exacerbate workforce shortages and imposes undue legal burdens on wholesaler-distributors.
Read NAW Statement
The Department of Labor has set the new annual salary threshold for salaried managers to receive overtime pay at $43,888 – up from the current $35,568 – the new threshold is effective July 1, which will rise again January 1 to $58,656. The National Association of Wholesaler-Distributors (NAW) strongly opposed the DOL rule and vowed to exhaust all avenues to prevent its enforcement.
Read NAW Statement
Get the latest NAW Government Relations Update on labor laws, tax and economic policies, government, and the key primaries in the Midwest.
The U.S. Securities and Exchange Commission on Wednesday approved a rule that will require some public companies to report their greenhouse gas emissions and climate risks, after last-minute revisions that weakened the directive in the face of strong pushback from companies.
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On Jan. 9, 2024, the U.S. Department of Labor (DOL) released a long-awaited final rule concerning when employers can classify workers as independent contractors under federal law. This is the final version of the Employee or Independent Contractor Classification Under the Fair Labor Standards Act (FLSA), which DOL proposed in October 2022 (the “Final Rule”). It establishes a six-factor test for determining whether a worker is an employee or an independent contractor, and takes effect March 11, 2024.
Read more at GT Law
On September 13, 2023, a bill, entitled Higher Wages for American Workers Act, proposed by six Republican senators would require all employers to use the U.S. Department of Homeland Security’s E-Verify program to authorize employment eligibility, and would increase the national minimum wage from $7.25 an hour to $11.
Read HR Dive
Introduced in March 2020, the SEC’s proposed climate disclosure rule would require public companies to report data associated with climate-related risks and emissions, including their own emissions and emissions that come from their supply chain. According to a recent report from PwC and Workiva, Inc., 70% of companies are proceeding with compliance now.
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Last week, Senator Ron Wyden, D-Ore., introduced bipartisan legislation – The Timber Innovation for Building Rural Communities Act – to improve forest health, reduce wildfire risk, sequester more carbon, and boost rural economies by supporting innovative timber products.
Read Sierra Sun Times
World Millwork Alliance (WMA) 54 TH Annual Convention & Tradeshow will hold its’ premier event at the Memphis Cook Convention Center from September 11-15, 2018. WMA will offer Veterans and Students complimentary access to the exhibit hall during Millwork Career Day on Friday, September 14, 2018 during the show hours of 10:00 a.m. – 3:30 p.m.
WMA welcomes Veterans and Students to explore a career in the millwork industry. Learn from worldwide millwork professionals while viewing the finest millwork products. Meet with industry distributors and manufacturers about the opportunities in a millwork career.
Pre-registration for a name badge is available by completing a WMA Registration Form. Any local Student or Veteran who has pre-registered will pick up their complimentary “Expo – One Day Pass” with a valid student ID or Veteran ID at the WMA registration desk in the Memphis Cook Convention Center.
Veterans must show a Veteran’s Administration (VA) identification card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Students must show a valid Student photo I.D. card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Pre-registration is open until August 13, 2018; thereafter, registration is onsite at the WMA registration desk in the Memphis Cook Convention Center.
