need to take a deep breath and review how they use noncompetes.FTC's seismic proposal to ban noncompete clauses
So what should employers be doing right now? Taking a close look at their noncompete agreements, experts say. The rule would affect about 30 million workers, with the FTC saying such agreements, which typically restrict a worker's ability to work in their industry for a certain amount of time or in a certain geographic location, are exploitative and violate the Federal Trade Competition Act. The rule would apply to independent contractors and anyone who works for any employer, paid or unpaid.
That includes how businesses can tighten up their nondisclosure agreements and nonsolicitation agreements so they can’t be deemed to function as de-facto noncompete agreements.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTC noncompete clause ban: How employers should respond - Jacksonville Business JournalIt's time to take a hard look at noncompete, non-solicitation and non-disclosure agreements, experts say.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
SeaLead and Ellerman call weekly to Jacksonville - Jacksonville Business JournalIncreasing the number of calls means more goods flowing into the area from Asia and Europe.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Retail merchants see increase in sales following Jacksonville Jaguars' division title - Jacksonville Business JournalThe Jaguars' surprising push for the postseason has been a boon for retailers in what is normally a slow time of the year.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
FTC noncompete clause ban: How employers should respond - Phoenix Business JournalIt's time to take a hard look at noncompete, non-solicitation and non-disclosure agreements, experts say.
Source: phxbizjournal - 🏆 254. / 63 Read more »
FTC noncompete clause ban: How employers should respond - Dallas Business JournalIt's time to take a hard look at noncompete, non-solicitation and non-disclosure agreements, experts say. Not hire people
Source: DallasBizNews - 🏆 525. / 51 Read more »
FTC noncompete clause ban: How employers should respond - San Francisco Business TimesIt's time to take a hard look at noncompete, non-solicitation and non-disclosure agreements, experts say.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »