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The FTC’s New Rule on Non-Compete Agreements: What You Need to Know
On May 7, 2024, the Federal Trade Commission (FTC) made headlines by passing a new rule that aims to ban most non-compete agreements. This move is part of a broader effort to promote fair competition and protect workers’ rights. However, due in large part to news outlets inaccurately understanding and reporting on the rulemaking process, the initial excitement surrounding this …
- Jun 8 2016
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- Blog, Employment Contracts and Agreements, Non-Compete Agreements and Restrictive Covenants
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Non-compete agreements hurt low wage earners
Employers take advantage of vulnerable employees by forcing them to sign unnecessary non-compete agreements
Time Magazine recently ran an article that discussed how non-compete agreements particularly hurt lower-wage earners.
Remember the 2014 controversy surrounding Jimmy John’s forcing their sandwich makers to sign non-compete agreements? That ignited a discussion about the unequal balance of power between employees and employers and particularly …
