The Federal Trade Commission (FTC) has finalized a broad ban on non- compete clauses in employment contracts throughout the United States. While many consider this to be a potential boon for workers, employers have pushed back, saying that non-compete agreements are essential for their businesses. The FTC is already facing potential litigation on the issue from employers angry about the new rule.
Tag: noncompete clause
Does Your Work Contract Contain a Noncompete Clause?
Unbeknownst to many workers, when they enter into an agreement with their new employer and sign the paperwork, they may have agreed to a noncompete clause. What this tells the employee is that, if the employee decides to leave, they cannot immediately work for a competitor. These non-competes may also contain restrictions as to where you may work and how long before you can work for a competing company.
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