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re: Non-Compete agreements are now illegal nationwide!
Posted on 4/23/24 at 2:17 pm to TDsngumbo
Posted on 4/23/24 at 2:17 pm to TDsngumbo
The juice isn't worth the legal cost in 99% of the situations anyway. And they were toothless in most states already.
But yes, this is pretty big news.
I'm on the fence on these. If you sign it, you sign it, why is the government involved? Are they going to void clauses in professional sports contracts that state players can't be traded to division foes, etc.?
But yes, this is pretty big news.
I'm on the fence on these. If you sign it, you sign it, why is the government involved? Are they going to void clauses in professional sports contracts that state players can't be traded to division foes, etc.?
9
Posted on 4/23/24 at 2:20 pm to CatfishJohn
quote:
If you sign it, you sign it, why is the government involved?
Is not signing it really an option if you want the job?
quote:
link?
https://thehill.com/business/4615452-ftc-votes-to-ban-non-compete-agreements/
This post was edited on 4/23/24 at 2:24 pm
Posted on 4/23/24 at 2:32 pm to CatfishJohn
Signed one 10/2007 and left on 8/2022, back in business 4/2024. It never met the qualifications in La and now I have been served. It just paper for the time being but this ruling just makes it easier to continue being my clients back to the fold.
FTSC’s
FTSC’s
Posted on 4/23/24 at 2:37 pm to CatfishJohn
quote:
Are they going to void clauses in professional sports contracts that state players can't be traded to division foes, etc.?
That's a collectively bargained union contract. Completely different situation.
Posted on 4/23/24 at 3:03 pm to CatfishJohn
The problem is even if they aren’t enforceable, new employers don’t want the hassle. That’s market interference.
By default they say, wait it out. It causes a whole host of problems and should be done anyway with in nearly all situations.
By default they say, wait it out. It causes a whole host of problems and should be done anyway with in nearly all situations.
This post was edited on 4/23/24 at 7:37 pm
Posted on 4/23/24 at 3:21 pm to CatfishJohn
quote:
I'm on the fence on these
#1, A federal agency shouldn't be changing law on its own without congress passing a law.
#1a, the Federal government shouldn't get in the middle of a contract between two parties.
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 9:54 pm to CatfishJohn
I wonder how they’ll view “non-solicitations”. I say throw those out also.
Posted on 4/24/24 at 11:02 am to CatfishJohn
Non compete basically removes a person’s ability to work in their particular field.
A football player can’t go to a division rival, but that doesn’t mean they’re removing their ability to play football entirely. There’s a difference.
A football player can’t go to a division rival, but that doesn’t mean they’re removing their ability to play football entirely. There’s a difference.
Posted on 4/26/24 at 7:30 pm to CatfishJohn
quote:
If you sign it, you sign it
I get that and it is a valid point. But the flip side is that the person being offered the job really doesn’t have a choice. Sign the non-compete or we hire someone else.
And in fields where non-competes are common, it’s not like there is often a backup job that won’t make you sign.
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