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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]
That's because most people don't even realize they've signed something saying they can't work for a competitor for a year or two after they left, or they thought (wrongly) that a non-competition ...
Non-competes may reduce overall hiring costs and employee turnover for companies, which may result in savings that could in theory be passed on to customers in the form of lower prices and to investors as higher returns. [2] Non-competes are more common for technical, high-wage workers and more likely to be enforced for those workers.
In most jurisdictions, courts routinely "blue pencil" or reform covenants that are deemed not reasonable. The blue pencil doctrine gives courts the authority to strike unreasonable clauses from a non-compete agreement, leaving the rest to be enforced, or actually to modify the agreement to reflect the terms that the parties originally could have and probably should have agreed to. [3]
(Reuters) -The U.S. Federal Trade Commission's ban on "noncompete" agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown ...
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Baccalaureate college 4,058 1947 Ohio Dominican University: Columbus: Private not-for profit Master's university 2,942 1911 Ohio Northern University: Ada: Private not-for profit Baccalaureate college 3,695 1871 Ohio State University [16] Columbus: Public Doctoral/highest research university 58,322 1870 Ohio Technical College: Cleveland: Private ...
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