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re: Non-Compete agreements are now illegal nationwide!

Posted on 4/23/24 at 3:02 pm to
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 4/23/24 at 3:02 pm to
The link you posted says, if I'm reading it correctly, that "senior executives" of a company are not included in the retroactive non-compete agreement ban.

quote:

Companies will also have to throw out existing noncompete agreements for most employees, although in a change from the original proposal, the agreements may remain in effect for senior executives.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63537 posts
Posted on 4/23/24 at 3:04 pm to
That makes sense. Those are the only imaginable potential threats.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15054 posts
Posted on 4/23/24 at 3:07 pm to
LINK

You can read it all here although it's 570 pages long


"Senior executive" is limited to people who both qualify as "a worker who was in a policy-making position" and who make at least $151,164. Where they came with this bizarrely specific number I have no idea, it's probably in those 570 pages
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