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A 2023 petition to the FTC to ban non-compete agreements estimated that about 30 million workers (about 20% of all U.S. workers) were subject to a noncompete clause. [3] While higher-wage workers are comparatively more likely to be covered by non-compete clauses, non-competes covered 14 percent of workers without college degrees in 2018. [4]
For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted to ban ...
California Assembly Bill 5 or AB 5 is a state statute that expands a landmark Supreme Court of California case from 2018, Dynamex Operations West, Inc. v. Superior Court ("Dynamex"). [1] In that case, the court held that most wage-earning workers are employees and ought to be classified as such, and that the burden of proof for classifying ...
The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements, a move regulators said would help boost employee pay but which is ...
It’s a repeat of his previous measure, which Newsom declined to sign because California’s unemployment insurance financing structure is in need of revisions and its trust fund owes more than ...
The dissenters acknowledged that the fiscal solvency of California's insurance program was a legitimate concern and that to include temporary disabilities resulting from normal pregnancy in the scope of conditions covered by the system would require an increase in the employee contribution, an increase in the yearly contribution ceiling, or ...
U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The ...
Research shows that non-compete agreements make labor markets less competitive, reduce wages and reduce labor mobility. [3] [1] While non-compete agreements may incentivize company investment into their workers and research, they may also reduce innovation and productivity by employees who may be forced to leave a sector when they leave a firm.