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The FTC Just Banned Noncompete Agreements And It's A Huge Deal
(www.huffpost.com)
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this post was submitted on 23 Apr 2024
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politics
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The issue has been that lately corporations have been using it on everyone, not just senior management, to control their movement, and not have to pay them as much, as there's less competition from movement.
Though personally I don't think it should be used for anyone, as we need to allow as much competition as possible, so that we all can earn greater income through better salaries.
~Anti~ ~Commercial-AI~ ~license~ ~(CC~ ~BY-NC-SA~ ~4.0)~
It isn't just corporations. I work for a less-than-10 employee company, and I had to sign a non-compete. Couple friends that I used to work with now work for another company that's even smaller, and they had to sign one as well.
Yeah, I, a lowly button pusher, had to sign a noncompete at my first real gig close to a decade ago. It was at least limited to working on shared clients at another employer, but it was still really annoying considering nothing I knew about that customer's ops that would have been considered proprietary.