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Started By
Message
re: Non-Compete agreements are now illegal nationwide!
Posted on 4/23/24 at 6:48 pm to 0x15E
Posted on 4/23/24 at 6:48 pm to 0x15E
quote:
Pretty fricking stupid to waste legal resources on one disgruntled employee
In my industry one employee can control relationships that are worth 10+million in sales.
Wouldn’t say you’d be wasting resources enforcing a non compete
That being said I’m glad they’re gone
2
Posted on 4/23/24 at 6:53 pm to Finch
quote:
In my industry one employee can control relationships that are worth 10+million in sales.
Sounds like the company was dumb to allow one employee to have that much power.
And I'm sure that company didn't mind raking in all the dough. It was only a problem when that employee wanted to bring that dough to another company, right?
Posted on 4/23/24 at 6:58 pm to Finch
They aren't gone
Posted on 4/23/24 at 7:00 pm to VetteGuy
“No matter how important, conspicuous and controversial the issue, and no matter how wise the administrative solution, an administrative agency’s power to regulate must always be grounded in the valid grant of authority from Congress. Because we lacked that authority, the final rule is unlawful.”
Posted on 4/23/24 at 7:01 pm to TDsngumbo
What gives them the authority to outlaw something? Last I checked that power is supposed to rest with Congress.
Posted on 4/23/24 at 7:06 pm to CatfishJohn
quote:
'm on the fence on these. If you sign it, you sign it, why is the government involved?
Unless the employee is adequately compensated for these (which almost never happens) it's at the detriment to the employee.
It doesn't serve any business except to limit competition in the market place. Why are we in favor of this again?
Posted on 4/23/24 at 7:16 pm to Indefatigable
quote:
Imagine the audacity of a business to protect their investment and operations. How selfish of them.
they are very one sided is the problem.
i have one sitting on my desk that i still haven’t signed.
if i don’t perform to the level expected of me, they aren’t going to keep me around at my current position/salary.
but if i outperform those expectations, they have no reason to up my compensation, because i’m not a threat to leave (without leaving the industry i’ve been in for over 20 years now).
without the non-compete both myself and the company have motivation to perform at or above expectations.
Posted on 4/23/24 at 7:20 pm to NYNolaguy1
quote:
It doesn't serve any business except to limit competition in the market place. Why are we in favor of this again?
You don’t have to agree with non-compete agreements to think it’s an overstep by the FTC to outlaw it. I’m sick of government overreach.
Posted on 4/23/24 at 7:21 pm to TDsngumbo
Ah the corporate bootlickers of the OT have not disappointed.
Posted on 4/23/24 at 7:22 pm to TDsngumbo
Be right back, making copies of all my firms client lists and contact info. Its a new day fellas! 
Posted on 4/23/24 at 7:27 pm to Undertow
quote:
You don’t have to agree with non-compete agreements to think it’s an overstep by the FTC to outlaw it. I’m sick of government overreach.
It's not overreach if private corporations won't stop this willingly.
Posted on 4/23/24 at 7:31 pm to wadewilson
quote:
It's not overreach if private corporations won't stop this willingly.
It’s overreach because it’s unelected, unaccountable bureaucrats making the decision, instead of congress as required by the constitution.
Posted on 4/23/24 at 7:35 pm to TDsngumbo
Wow
This is kind of a game changer
Fwiw
Law goes into effect in august
And also fwiw, it’s not a liberal/ conservative thing- lots of highly paid conservatives benefit from this
This is kind of a game changer
Fwiw
Law goes into effect in august
And also fwiw, it’s not a liberal/ conservative thing- lots of highly paid conservatives benefit from this
This post was edited on 4/23/24 at 7:39 pm
Posted on 4/23/24 at 7:38 pm to SlidellCajun
Guess which profession was never allowed to have non competes? Lawyers at law firms.
Yep - they wrote the rules so they don’t have to play by them. Don’t give me the fiduciary duty bullshite argument either. It’s as clear
as day, rules for yall but not for legal baw!
Yep - they wrote the rules so they don’t have to play by them. Don’t give me the fiduciary duty bullshite argument either. It’s as clear
as day, rules for yall but not for legal baw!
This post was edited on 4/23/24 at 7:41 pm
Posted on 4/23/24 at 7:55 pm to Undertow
quote:
It’s overreach because it’s unelected, unaccountable bureaucrats making the decision, instead of congress as required by the constitution.
As opposed to unelected, corporate bureaucrats who made the decision that right to work does NOT apply to employees and that they can be held to NCC?
This post was edited on 4/23/24 at 7:56 pm
Posted on 4/23/24 at 7:59 pm to Undertow
quote:
I’m sick of government overreach.
Preventing industry from interfering with the free market for their own purposes is EXACTLY why the government should be doing.
Posted on 4/23/24 at 8:00 pm to Undertow
quote:
instead of congress as required by the constitution.
lol you don’t know a fricking thing about the constitution
Posted on 4/23/24 at 8:14 pm to Steadyhands
Non competes should only apply while employed.
Example: you work for a company that provides a service. You cannot compete against the company by offering the same service on the side to companies’ clients trying to undercut them.
But once your employment with someone is terminated, you should be able to do whatever
Example: you work for a company that provides a service. You cannot compete against the company by offering the same service on the side to companies’ clients trying to undercut them.
But once your employment with someone is terminated, you should be able to do whatever
Posted on 4/23/24 at 8:33 pm to deltaland
quote:
But once your employment with someone is terminated, you should be able to do whatever
It gets tricky
Employees can manipulate it. They can behave in such a way as to get fired.
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