1038
submitted 7 months ago by EssentialNPC@lemmy.world to c/news@lemmy.world

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own.

you are viewing a single comment's thread
view the rest of the comments
[-] _sideffect@lemmy.world 25 points 7 months ago

Is this what they make you sign that says

"You can't join any company that is in the same industry or has the same customers for 2 years after leaving the present company"

?

[-] catloaf@lemm.ee 14 points 7 months ago
[-] Blackmist@feddit.uk 4 points 7 months ago

IMO that should be legal, but only if they pay you your full wages for that period of time after you quit or are fired.

Let's see how eager they are to really protect those precious company secrets.

[-] ours@lemmy.world 3 points 7 months ago

And by full wage, it's either the wage you had or the one you could get at the competitor. Otherwise, it's too easy to lock people in at non-competitive salaries.

[-] AA5B@lemmy.world 1 points 7 months ago* (last edited 7 months ago)

No, that’s not enough to make it legal. I wouldn’t want to be out of work that long and potential employers would wonder how rusty I was

Yes, compensation needs to be a minimum requirement: isn’t that basic contract law? However contract law also requires that you be in a starting position to bargain or refuse and employees really aren’t: the imbalance of power is too great.

More importantly, things that block the functions of a free market like this really need to be weighed for societal good, fairness, and market efficiency. This fails all three. It also needs to be narrowly defined, because leaving it to legal action is the definition of failing market efficiency

[-] uis@lemm.ee 1 points 7 months ago

Why not both? Full wages as damages + EU-style fine of maximum between some amount and some % of global turnover. Or fixed amount + % of global turnover.

[-] AA5B@lemmy.world 1 points 7 months ago* (last edited 7 months ago)

Full wages only makes the victim whole and only in financial terms. Like any other controls on the market, the financial penalty needs to exceed any benefit the corp might get out of it, then let the free market do its thing

[-] uis@lemm.ee 1 points 7 months ago

That's why I said + EU-style fine.

[-] Silverseren@kbin.social 3 points 7 months ago

Or sometimes, like mine, that you can't quit your contract early to apply for a full colleague position at the company you're being contracted out to.

this post was submitted on 23 Apr 2024
1038 points (100.0% liked)

News

23367 readers
2635 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS