# The People Business: What We Need to Know in Q2 2024

By Business Services · Published 2024-06-29 · Updated 2026-06-22 · Business Services on MarketScale
Canonical: https://www.marketscale.com/industries/business-services/people-business-q2-2024
Creator hub: ActOne Group

> As federal salary thresholds shift, HR leaders must rethink compensation strategies to stay compliant and competitive this quarter

## Key points

- Federal salary thresholds require HR strategy adjustments.
- Compliance and retaining employee morale are crucial.
- Non-compete agreement bans necessitate NDA revisions.

Block Field

In this episode of The AppleOne Show, host [Brett Howroyd](https://www.linkedin.com/in/brett-howroyd-961792286/) conducts an insightful discussion with [Dr. **Milton Perkins**](https://www.linkedin.com/in/dr-milton-j-perkins-5a63502/), the Senior Vice President at [ActOne](https://www.actonegroup.com/), and [Brett Hill](https://www.linkedin.com/in/brettrhill/), the Senior Director of Client Services Optimization at [AgileOne](https://agile-one.com/), on the crucial topics affecting the HR and [employment landscape](https://marketscale.com/industries/podcast-network/disrupted/artificial-intelligence-workforce-development-career-skills/) in Q2 2024.

The discussion starts with a deep dive into the federal exempt minimum salary increase, a significant change impacting both large and small enterprises in Q2 2024. Hill outlines strategies for enterprise companies to navigate this change, including identifying current exempt employees who fall below the new salary threshold, analyzing budget impacts, and developing comprehensive communication plans. Dr. Perkins provides insights for smaller businesses, emphasizing the importance of wage audits, compliance with FLSA regulations, and the potential need for external expertise to manage these changes effectively.

Both experts highlight the complexities of ensuring compliance with new laws while maintaining employee morale and operational efficiency. They stress the importance of over-communication and training to help employees understand the implications of these changes.

> They stress the importance of over-communication and training to help employees understand the implications of these changes.

The episode also touches on the nationwide ban on non-compete agreements. Dr. Perkins advises enterprise organizations to review and narrow their NDAs and non-compete agreements to focus on protecting proprietary information in Q2 2024. Hill emphasizes the need for smaller businesses to prioritize engagement and foster an inclusive work culture to retain top talent amidst these regulatory changes.

Both guests underscore the importance of being proactive and adaptable in the face of evolving laws and regulations. They also discuss the broader implications of AI and diversity in the workplace, urging HR professionals to stay informed and prepared for future developments.

Tags: ActOne, AgileOne, Brett Hill, Brett Howroyd, HR practices, HR strategies, Milton Perkins, The AppleOne Show

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