News • 5 months ago

FTC bans most noncompete agreements between employers and workers

cross-posted to:
news
workreform

406

FTC bans most noncompete agreements between employers and workers

News • 5 months ago

cross-posted to:
news
workreform

The FTC estimates about 30 million people, or one in five American workers, from minimum wage earners to CEOs, are bound by noncompetes. It says the policy change could lead to increased wages totaling nearly $300 billion per year by encouraging people to swap jobs freely.

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@something_random_tho
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14•5 months ago
Differs from state to state. CA for instance has been shooting them down in court left and right–it’s such a guaranteed win for you that no company would actually sue you over it.

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