Remove executive-order-noncompetes
article thumbnail

Consider a Garden Leave Policy as a Replacement for Your Noncompetes

HR Digest

HRDive believes that these policies could see great value as noncompete alternatives and we’re inclined to agree. Garden leave regulations allow a company to get their internal matters in order and close pending projects and deals while ensuring that employees do not make use of their knowledge of the internal workings during that time.

article thumbnail

FTC Clamps Down on Noncompete Agreements for Lower-Level Employees

HR Digest

The Federal Trade Commission has taken action for the second time in a month to put an end to the use of noncompete agreements for lower-level employees. The move is part of a growing trend to limit the use of noncompete agreements for non-executive staff, with several states already implementing bans on the practice.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NLRB: Noncompete agreements violate employees’ rights

Business Management Daily

In April, it invalidated an employer’s plan requiring employees to sign nondisparagement agreements in order to receive severance pay. It’s now issued a general counsel memo in which it concludes most noncompete agreements are overbroad and, therefore, unenforceable. And both generally exclude managers, executives, and owners.

Bonuses 52
article thumbnail

FTC Proposes Rule to Ban Noncompete Clauses

Workers' Compensation

The Federal Trade Commission proposed a new rule that would ban employers from imposing noncompetes on their workers, a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses.

article thumbnail

Say Yes to HR Generalists—They Keep Companies Afloat

HR Digest

An HR generalist resume may be similar to any other HR position, but it does require them to build expertise in every area in order to execute the responsibilities of an HR generalist. Laws on topics such as maternity policies, pay transparency, salary withholding, noncompete clauses, etc. are constantly evolving.

article thumbnail

The FTC’s Noncompete Plans Are Part of a Sea Change for Business

McDermott Will & Emery Employee Benefits

The Federal Trade Commission’s newly proposed rules that would prohibit most noncompete clauses in employment represent a seismic shift for business. “This government activity has risen to […] The post The FTC’s Noncompete Plans Are Part of a Sea Change for Business appeared first on EMPLOYEE BENEFITS BLOG.

article thumbnail

Sweeping Ban on Non-Compete Clauses Proposed by Federal Trade Commission

Proskauer's Employee Benefits & Executive Compensa

On January 5, 2023, the Federal Trade Commission (“FTC”) proposed an expansive new rule which would impose a near-complete ban on the use of noncompetes (the “Proposed Rule”) by employers. Preemption of State Law. 133, 217.)