The FTC Banned Noncompetes—What Does That Mean for Businesses and Employees?
Success
MAY 2, 2024
The only exception to this is for senior executives within a company or those earning more than $151,164 annually and who are in a policy-making position. Some employers have long pushed for these noncompete clauses, which currently bind nearly 1 in 5 Americans, to protect confidential information, trade secrets and more.
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