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FTC bans noncompete agreements, making it easier for workers to quit. Here's what to know.
CBS News ^ | 4/23/24 | Kate Gibson

Posted on 04/23/2024 12:19:32 PM PDT by CFW

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To: aMorePerfectUnion

How in the world did they forget to include the South China Sea?


41 posted on 04/23/2024 2:45:22 PM PDT by lastchance (Cognovit Dominus qui sunt eius.)
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To: T.B. Yoits

But non compete clauses usually take effect after you are no longer being compensated by that company.


42 posted on 04/23/2024 2:46:58 PM PDT by lastchance (Cognovit Dominus qui sunt eius.)
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To: MMusson

Best comment of the thread.

I am for freedom.


43 posted on 04/23/2024 3:23:48 PM PDT by redgolum
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To: CFW

β€œ It’s also going to make it harder for them to be hired.”
**********************************************

Depending upon what they were working on in their previous company, CHICOM SUBSIDIARIES in the US will be very eager to hire them to pick their brains.

DON’T DOUBT THUS!πŸ˜ΏπŸ˜ΏπŸ™€πŸ™€


44 posted on 04/23/2024 3:28:07 PM PDT by House Atreides (I’m now ULTRA-MAGA-PRO-MAX)
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To: lastchance

BLAHAHAHA!!!


45 posted on 04/23/2024 4:32:59 PM PDT by aMorePerfectUnion
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To: aMorePerfectUnion

“I sold a biz and the non-compete they initially asked me to sign included all North America, Central America, and the Caribbean. I laughed and said no.”

Woah, hold on there. You mean you just made the personal decision that accepting the deal and signing the non-compete was not in your best interest? Whoever heard of that? If people can just willy nilly make their own decisions, what’s the government supposed to do? (Rhetorical question)


46 posted on 04/23/2024 5:06:43 PM PDT by suthener ( )
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To: discostu

Believe me, when you recruit an associate for $400k+ guaranteed for 2 years you have EVERY incentive to make them productive and successful. You nurture, encourage, mentor and bend over backwards to make them feel included in the family. Because, if they aren’t successful and producing their salary then you as an owner are taking it in the shorts. But, as described in my previous post, there are realities involved in ramping up production. It’s an up front investment. Non-compete clauses are a tool that allows the associate to display “skin in the game”. Get rid of that and the incentive to invest in a new hire is significantly decreased.


47 posted on 04/23/2024 5:39:22 PM PDT by armydoc
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To: lastchance
But non compete clauses usually take effect after you are no longer being compensated by that company.

...and thus the court nullified them.

48 posted on 04/23/2024 5:48:10 PM PDT by T.B. Yoits
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To: T.B. Yoits

(FTC) nullified them.


49 posted on 04/23/2024 5:48:49 PM PDT by T.B. Yoits
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To: T.B. Yoits

I don’t know if this is a popular opinion but I think it is a basic human right that you own your own labor. You can enter into an agreement (contractual or otherwise) to allow someone else to benefit from that labor but the key word is allow. You retain ownership (for lack of a better word) of it, which includes where you decide to engage it.


50 posted on 04/23/2024 7:39:09 PM PDT by lastchance (Cognovit Dominus qui sunt eius.)
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