New FTC Rule Bans Non-Compete Agreements

Posted on: May 14th, 2024 by Leaders' Choice Staff No Comments

The Federal Trade Commission on April 23 approved a new rule that bans employers from requiring new employees to sign non-compete agreements. The rule will take effect in August 2024, after the commission voted 3-2 to approve it. Besides banning future non-compete agreements, the new rule also nullifies all existing non-competes and requires employers to […]

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