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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]
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.
Non-notable figure skating competition. All individual events have been redirected to the parent article, rendering this table unnecessary. Bgsu98 (Talk) 00:11, 27 December 2024 (UTC) [ reply ]
Retrieved from "https://en.wikipedia.org/w/index.php?title=Non-compete_agreement&oldid=53803024"
As a broad generalization, I propose a statement that in the employee - employer context, reasonable non-compete agreements are valid in almost all states. What is considered to be 'reasonable' varies from state to state. California is an exception. In California, employee - employer non-compete restraints are void regardless of their ...
A radius clause is a form of non-compete clause used in the live music industry, in which a tour promoter stipulates that a performer, for a certain length of time prior to or following an appearance at a concert or festival, must not hold concerts at other locations within a certain radius of the city where they are to perform.
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