Companies are gonna have to start paying people to stay
@MrNiceGuy5003 ай бұрын
This is great news! I can escape my abuser now!
@braziliangator3 ай бұрын
Nearly all employment agreements contain confidentiality nonsolicitation causes. The only purpose of the noncompete clause is to prevent people from changing jobs keeping their salaries low.
@leventsenbol2155Ай бұрын
Omg thank you god!!! ❤❤
@davidgoodman35452 ай бұрын
Not all non compete are banned, but most.
@mrbamfo50002 ай бұрын
The only time those make sense, is for high level executives who know all the corporate strategy and proprietary information. At that point, you don't want them to go to a competitor and telling them everything you're doing. And even those need a set time limit after you leave a job, before you can go to a competitor. But as usual companies started to use them regularly and at all levels of employment. There were fast food places making lineworkers making minimum wage or slightly above, sign non-compete clauses when they hire on. So if you worked for McDonald's for $8/hr and the Burger King across the street offers you $9/hr, and you'd signed an Non-compete you wouldn't be able to leave McDonalds and take the Burger King job and the raise.
@guntherg73283 ай бұрын
This will be interesting.
@PeterJLamontEsq
3 ай бұрын
Sure will!
@vanillacupcake8663 ай бұрын
Does this help intellectual property theft? We recently have seen people pulled for this to trade information. This is going to create a big issue especially with alot of people trading information for employment. I mells lawsuits
@spartanghost_17
3 ай бұрын
There are already confidentiality agreements for that. Non compete just keeps the salaries artificially low
@PeterJLamontEsq
3 ай бұрын
Non-disclosure and Non-solicitation agreements are not affected by the FTC’s ruling. So, there will still be protection for confidential information and trade secrets.
Пікірлер: 11
Companies are gonna have to start paying people to stay
This is great news! I can escape my abuser now!
Nearly all employment agreements contain confidentiality nonsolicitation causes. The only purpose of the noncompete clause is to prevent people from changing jobs keeping their salaries low.
Omg thank you god!!! ❤❤
Not all non compete are banned, but most.
The only time those make sense, is for high level executives who know all the corporate strategy and proprietary information. At that point, you don't want them to go to a competitor and telling them everything you're doing. And even those need a set time limit after you leave a job, before you can go to a competitor. But as usual companies started to use them regularly and at all levels of employment. There were fast food places making lineworkers making minimum wage or slightly above, sign non-compete clauses when they hire on. So if you worked for McDonald's for $8/hr and the Burger King across the street offers you $9/hr, and you'd signed an Non-compete you wouldn't be able to leave McDonalds and take the Burger King job and the raise.
This will be interesting.
@PeterJLamontEsq
3 ай бұрын
Sure will!
Does this help intellectual property theft? We recently have seen people pulled for this to trade information. This is going to create a big issue especially with alot of people trading information for employment. I mells lawsuits
@spartanghost_17
3 ай бұрын
There are already confidentiality agreements for that. Non compete just keeps the salaries artificially low
@PeterJLamontEsq
3 ай бұрын
Non-disclosure and Non-solicitation agreements are not affected by the FTC’s ruling. So, there will still be protection for confidential information and trade secrets.