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  2. Non-compete clauses in the United States - Wikipedia

    en.wikipedia.org/wiki/Non-compete_clauses_in_the...

    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]

  3. Goodbye Non-Compete Clause? FTC Reveals Plans to Shut Down ...

    www.aol.com/goodbye-non-compete-clause-ftc...

    The U.S. Federal Trade Commission has proposed a rule that would ban companies from entering or attempting to enter a non-compete agreement with a worker. ... in the U.S. take on 1099 contractor ...

  4. US judge strikes down Biden administration ban on worker ...

    www.aol.com/finance/us-judge-strikes-down-biden...

    A federal judge in Texas on Tuesday barred a US Federal Trade Commission rule from taking effect that would ban employers from requiring their workers to sign non-compete agreements.

  5. Non-compete clause - Wikipedia

    en.wikipedia.org/wiki/Non-compete_clause

    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.

  6. Form 1099-MISC - Wikipedia

    en.wikipedia.org/wiki/Form_1099-MISC

    In the United States, Form 1099-MISC is a variant of Form 1099 used to report miscellaneous income. One notable use of Form 1099-MISC was to report amounts paid by a business (including nonprofits [1]: 1 ) to a non-corporate US resident independent contractor for services (in IRS terminology, such payments are nonemployee compensation), but starting tax year 2020, this use was moved to the ...

  7. FTC's bid to ban noncompete agreements rejected by federal ...

    www.aol.com/news/ftcs-bid-ban-noncompete...

    August 20, 2024 at 4:44 PM. A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor.

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