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The FTC Just Banned Non-Compete Agreements.
Posted: Tue Apr 23, 2024 8:44 pm
by ProfessorDetective
Re: The FTC Just Banned Non-Compete Agreements.
Posted: Tue Apr 23, 2024 10:58 pm
by Fuzzy Necromancer
Holy shit! o.o
Re: The FTC Just Banned Non-Compete Agreements.
Posted: Wed Apr 24, 2024 4:58 am
by hammerofglass
Always wondered how tf those were legal.
Re: The FTC Just Banned Non-Compete Agreements.
Posted: Wed Apr 24, 2024 1:13 pm
by Nealithi
hammerofglass wrote: ↑Wed Apr 24, 2024 4:58 am
Always wondered how tf those were legal.
My understanding is it was for understandable reasons. My company has a special way to make this one of a kind product. You do not get hired, learn that method, then sell it to the highest bidder. Was the idea. Basically to keep proprietary secrets. Sometimes like client lists and what they are being charged as well. It protected innovators.
Re: The FTC Just Banned Non-Compete Agreements.
Posted: Wed Apr 24, 2024 3:59 pm
by pilight
Non-disclosure agreements are more useful in that regard and still legal
Re: The FTC Just Banned Non-Compete Agreements.
Posted: Fri Apr 26, 2024 4:46 am
by CharlesPhipps
pilight wrote: ↑Wed Apr 24, 2024 3:59 pm
Non-disclosure agreements are more useful in that regard and still legal
It's more an attempt to prevent corporations from pressuring employees into staying at jobs they hate because threatening financial ruin by keeping them out of the same field.