The Federal Trade Commission last month ruled against noncompete clauses on employees, a decision that affects all for-profit firms and all employees except for a few senior executives. Noncompete clauses are contracts between businesses and their employees that prevent an employee from taking a job with a competing business. These are always justified on “trade […]
Tag: clauses
New bill would further curb noncompete clauses for workers across Washington
A bill that would further strengthen protections against noncompete agreements for Washington workers passed in the state Senate on Tuesday. Sponsored by Democratic Sen. Derek Stanford, SB 5935 would build on a 2019 bill that made noncompete agreements for any worker making less than $100,000 a year unenforceable, at a maximum length of 18 months. […]