Published 10 days ago

FTC Bans Noncompete Clauses That Restrict Job Switching

The Federal Trade Commission has voted to ban noncompete agreements in a 3-2 decision, potentially impacting millions of US workers.
The FTC argues that these agreements limit job mobility and hinder higher pay opportunities for workers.
The ban, set to take effect in six months, does not apply to non-profit employees and excludes senior executives earning over $151,164 annually.

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The Guardian

New US rule would ban employers from using ‘noncompete’ agreements

FTC votes to ban measures which bar workers from jumping to or starting competing companies for a prescribed period of timeUS companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency on Tuesday, though the rule is sure to be challenged in court.The Federal Trade Commission voted to ban measures known as noncompete agreements, which bar workers from jumping to or starting compe…

10 days ago·London, United Kingdom

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Reuters

US agency poised to ban worker 'noncompete' agreements

The U.S. Federal Trade Commission (FTC) is expected on Tuesday to approve a rule that would ban agreements commonly signed by workers not to join their employers' competitors, which it says limit worker mobility and suppress their pay.

10 days ago·United Kingdom

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Associated Press News

New federal rule would bar 'noncompete' agreements for most employees

U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency, though the rule is sure to be

10 days ago·United States

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abc News

New federal rule would bar companies from forcing 'noncompete' agreements on employees

U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency, though the rule is sure to be challenged in court

10 days ago·United States

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The Washington Post

FTC bans noncompete agreements for workers

The rule makes it illegal to include the agreements in employment contracts and requires firms with active noncompete agreements to inform workers they are void.

10 days ago

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