Here’s what the FTC’s ban on noncompetes means for employee communications


by www.ragan.com

www.ragan.com— The FTC delivered its final ruling on April 23 promising business growth, higher wages and rapid innovation. On April 23, the Federal Trade Commission (FTC) delivered a final rule to ban noncompete agreements nationwide, a decision that it claims will allow workers to change jobs or take on additional work more freely, increase innovation and […]

6abc Philadelphia—FTC bas noncompete clause ban for most employees. 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.

KGUN—FTC votes to ban 'noncompete' agreements for most employees. The Federal Trade Commission voted to ban measures known as noncompete agreements, which bar workers from jumping to or starting competing companies for a prescribed period of time.

Newsweek—What the FTC's Ban on Noncompete Agreements Means for 30 Million Workers. The Federal Trade Commission (FTC) has voted to ban employers from requiring workers to sign noncompete agreements, while blocking the enforcement of most existing clauses.The FTC announced a new rule banning noncompete clauses nationally on Tuesday, maintaining in a press release that the move would protect "the fundamental freedom of workers to change jobs" and "promote competition" by "fostering new business formation."An estimated 30 million workers—or about 18 percent of the U.S....