Companies Say They Need Noncompete Clauses. Here’s How We Know That’s Not True.

and business associations are opposed to the FTC’s proposal, however, defending employers’ need for noncompetes as a means to protect trade secrets and other confidential information. We decided to put these claims to the test.Michael Lipsitz, we tested whether firms give small raises to workers to get them over a minimum earnings thresholds to enforce noncompetes.

A survey of employment attorneys in Washington reinforced these findings. The median attorney indicated that just 10 percent of their clients would raise the wages of just-below-threshold workers in 2022 to reach or exceed the threshold.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Employees find balance as some companies cut workweek to 4 daysCompanies say condensing the workweek makes employees more productive. Workers say it makes them happier. 👉 Não façam o que o bruno pede; Não aceitem o bruno entre vocês; Nunca fomos amigos ou aliados; Nunca fizemos nada juntos; Não permitam que ele fale ou tome por mim; Por sermos rivais, obviamente, não estamos juntos e nunca estaremos. 👈
Source: CBSNews - 🏆 87. / 68 Read more »

Silicon Valley Bank failure touches San Antonio tech companiesThe collapse of the Silicon Valley Bank, which catered to the tech industry, caused some near-misses for startups across the country, including in San Antonio.
Source: ksatnews - 🏆 442. / 53 Read more »

SVB's collapse hurts companies with junk-rated bonds, bad creditSVB's collapse completely screwed things up for companies with bad credit
Source: BusinessInsider - 🏆 729. / 51 Read more »