Labor Days

News and analysis from Kelley Drye’s labor and employment practice

Student Loan Payments Need Not Derail Retirement Savings

The IRS recently released interim guidance to assist employers who wish to provide matching contributions to the 401(k) or 403(b) plan accounts of employees on their qualified student loan payments (“QSLPs”), in the…

Is DEI Still Standing? Moving Forward with Diversity

It’s been over a year since the Supreme Court's June 2023 ruling in Students for Fair Admissions, Inc. v. President and Fellows of Harvard College (SFFA), prompting employers nationwide to brace for potential legal…

Colgate-Palmolive 401(k) Theft Case Settles on Undisclosed Terms, Leaving Open Questions

Many who work with defined contribution plan administrators and consult plan sponsors on their ERISA fiduciary duties have been carefully monitoring Disberry v. Employee Relations Committee of the Colgate-Palmolive…

It appears the FTC’s Rule Prohibiting Noncompetes is Dead (For Now)

The ability of employers to legally enforce noncompetition restrictions received a big win last week when a federal court in Texas set aside the Federal Trade Commission’s (FTC) Final Rule seeking to ban noncompete…