By Vanessa Matsis-McCready and Mariko Paul January 06, 2023 On Thursday, The Federal Trade Commission (FTC) announced a new proposal to ban employers from utilizing noncompete clauses. Noncompete clauses have historically hindered upward mobility for low-wage earners by preventing them from changing employers. This dynamic has kept wages low for everyone and hindered competition, according … Continue reading How banning noncompete clauses will impact workers, according to lawyers
Category Archives: Employee Contracts
Want the freedom to switch jobs without worrying about a noncompete clause? Tell the FTC
By Sam Becker January 05, 2023 If you’ve ever felt trapped or otherwise burned by an employer’s noncompete clause, now is your chance to let the government know. The Federal Trade Commission (FTC) is proposing a new rule that would effectively ban employers from utilizing noncompete clauses, which, the FTC estimates, would increase wages … Continue reading Want the freedom to switch jobs without worrying about a noncompete clause? Tell the FTC
More states adopt salary transparency in 2023, but some companies still skirt the laws
By Chris Morris January 03, 2023 The start of the new year meant three more states—California, Washington, and Rhode Island—saw salary transparency laws go into effect. And more are on the way. But as more states and cities mandate these disclosures, many companies are finding ways to essentially ignore the laws. A study by advisory … Continue reading More states adopt salary transparency in 2023, but some companies still skirt the laws