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A non-compete, or non-compete clause, is a contractual agreement between an employer and an employee where the employee agrees not to enter into competition with the employer during or after ...
Analysis Litigators' Advice to Companies on FTC Non-Compete Ban "The employees who really should have non-compete restrictions are those who have the keys to the kingdom, or who know the secret ...
Non-compete agreements are signed when the relationship between employer and employee begins. They give the employer control over specific actions of the employee—even after that relationship ends.
For many years now, companies have used non-compete agreements both to prevent employees from joining competitors and as a de facto retention tool. But new trends in the legal and labor landscape ...
Occasionally, companies try to foist non-compete agreements on low-level employees with limited knowledge and responsibility — which does nothing to protect trade secrets, but simply limits ...
Non-competes are tools used by employers that help the employer safeguard their valuable company assets when executives and other key employees leave the company. A non-compete is an agreement ...
Isaac Chotiner interviews Evan Starr, an economist who has extensively studied non-compete agreements, about what the Federal Trade Commission’s proposal to ban the arrangements would mean.
In many cases, non-compete agreements can also backfire for employers. This is because by forcing their workers to sign the contract — especially in states that regulate their use — they risk ...
The debate over non-compete agreements has come to a head, with the Federal Trade Commission last month voting 3-2 to ban nearly all non-compete agreements. But the legal fight is just starting.
Her company threatens legal action over a non-compete clause she had to sign in order to get hired in the first place. She can’t afford a lawyer for help, so she’s locked in. Imagine if you ...
Florida recently passed a new bill on a hotly debated legal issue: non-compete bans. Several states, including California, North Dakota, and Wisconsin, currently have outright bans against these ...
Altria ends non-compete agreement with troubled vaping company Juul Labs. Published ... The vaping company in early September agreed to pay at least $438.5 million in a settlement with more than ...