On April 23, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation. “Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 [...]
How Skills-Based Hiring Could Expand Your Applicant Pool Are you finding it difficult to fill job openings because not enough people are applying? You wouldn’t be alone. Some organizations are expanding their applicant pool by dropping the college degree requirement and instead adopting a more inclusive, skills-based approach to hiring. Would such an approach benefit [...]
Frank Loconte, president of NER Construction Management Corporation and NER Management LLC, based in Wilmington MA was sentenced to 20 months in prison following his involvement in a fraudulent payroll scheme. He was also ordered to pay over $4.5 million in restitution and a $15,000 fine. Loconte pleaded guilty in September 2023 to charges of [...]
