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Headline : The FTC Is Banning Noncompetes — Heres What Happens If Youre Currently Bound to One

Read more from the original article on here at www.entrepreneur.com.





Tags : #ftc #banning #noncompetes #heres #happens #youre #currently #bound #one


No. of Paragraph 29

Copyright © 2024 Entrepreneur Media, LLC All rights reserved. Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media LLC

By Emily Rella • Apr 24, 2024

On Tuesday, the Federal Trade Commission (FTC) voted 3-2 to ban employer non-compete agreements — a contract that employers require some workers to sign stating they can not work for a competing business for a specified amount of time after their employment with the company has ended.

About one in five workers — or 30 million people — are currently under a noncompete, according to the agency.

Read more from the original article on here at www.entrepreneur.com.


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