September Newsletter – 2024

HR TRENDS & UPDATES

In this edition of the Gotcha Covered HR Powered by Delta newsletter, we take a closer look at the vibrant Westbank Hispanic Heritage Festival, examine the effects of the FTC Noncompete Rule’s recent block, highlight key takeaways from the New Orleans Chamber of Commerce Workshop, and provide valuable payroll insights.

FTC NONCOMPETE RULE BLOCKED

Judge Ada Brown’s ruling means the FTC Noncompete Rule is off the table nationwide. While your existing noncompete agreements remain valid, it’s crucial to stay proactive.

• Review your restrictive covenants: Ensure they comply with state laws and consider less restrictive options like non-solicitation agreements.
• Fine-tune non-solicitation clauses: Be specific about which customers and employees are covered.
• Implement an off-boarding plan: Safeguard confidential information and customer relationships.
• Review stock options and benefits documents: Avoid overly broad language that could trigger legal issues.

We’re here to assist you in navigating the intricacies of restrictive covenants. Contact Gotcha Covered HR Powered by Delta today!

STRATEGIC PAYROLL INSIGHTS

Payroll isn’t just about paying employees; it’s a source of data that can fuel your company’s strategic decisions.

Unlock Growth Potential with Payroll Data:

• Boost Profitability: Track labor costs in relation to revenue to identify optimization opportunities and enhance financial performance.
• Maximize Productivity: Identify trends in overtime, absenteeism, and turnover to improve workforce efficiency and reduce costs.
• Attract & Retain Talent: Analyze compensation trends to ensure competitive pay and build a strong team.
• Plan for the Future: Forecast payroll expenses for accurate budgeting and proactive cash flow management.

Gotcha Covered HR Powered by Delta: Your Strategic Payroll Partner

• Customizable Reports: Tailored insights aligned with your business objectives.
• Benchmarking: Compare your payroll data to industry standards for a competitive edge.
• Predictive Analytics: Forecast future payroll costs for confident planning.
• Compliance Support: Navigate complex regulations with expert guidance.

Real-World Impact: Our clients have reduced overtime costs, attracted top talent with competitive pay, and optimized staffing for seasonal demand, all thanks to data-driven insights.

Don’t miss out on the strategic power hidden in your payroll. Partner with Gotcha Covered HR Powered by Delta today to make informed decisions that drive growth.

YOUR HR ONE-STOP-SHOP!

Are you a CEO or business owner tired of juggling paperwork and compliance issues that distract you from your true goals? You didn’t start your business to get bogged down in HR details. Your passion is innovation, scaling your business, and turning your ambitious vision into reality.

Gotcha Covered HR Powered by Delta is here to help! Our all-in-one HR solution is specifically designed for leaders like you who want to focus on what really matters—growing your business.

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Stay tuned for more HR updates and insights to help you stay ahead of the curve. Need help navigating the complexities of HR, from compliance to employee engagement? Our team of experts at Gotcha Covered HR Powered by Delta is always ready to provide personalized support. Contact us anytime – we’re here to help you succeed!