Why Noncompetes Were Never The Solution

How C-suites can overcome the hidden costs of “retention by contract.” Elaine Mak is chief people and performance officer at Valimail.

Topics:  c-suites   elaine mak   valimail   
BING NEWS:
  • FTC Noncompete Rule – And FTC Competition Rulemaking – Are On The Ropes
    Multiple federal trial courts are considering the legality of an FTC rule banning noncompete clauses in employment contracts. The FTC rule will likely be struck down.
    08/22/2024 - 7:57 am | View Link
  • Think Noncompete Agreements Are a Thing of the Past? Not So Fast.
    The FTC tried to ban noncompetes, but after a federal court ruling this week, these restrictive covenants are staying in effect.
    08/22/2024 - 5:40 am | View Link
  • Block on FTC's ban on noncompetes is a relief to some Ohio employers
    Employers are celebrating a federal judge’s decision to block the U.S. Federal Trade Commission’s efforts to impose a near-total ban on noncompete arrangements in the business world that was set to ...
    08/22/2024 - 3:55 am | View Link
  • Trump-appointed judge blocks rule banning noncompetes in employment contracts
    Days before a new Federal Trade Commission (FTC) rule was set to go into effect, a Donald Trump-appointed judge blocked the rule that would have banned non-compete agreements in employment contracts.
    08/22/2024 - 3:13 am | View Link
  • What Pittsburgh businesses need to know as ban on noncompetes blocked
    A noncompete has always been a non-starter for me. I don’t want to deal with potential litigation ... I had been looking forward to having one less thing to worry about.
    08/21/2024 - 10:04 am | View Link
  • More
BING SEARCH:
  • Noncompetes: What You Should Know
    Noncompetes: What You Should Know. Under the Noncompete Rule, the FTC adopts a comprehensive ban on new noncompetes with all workers, including senior executives. The final rule is due to go in effect September 4, 2024.
    08/23/2024 - 6:19 am | View Website
  • Judge partially blocks FTC noncompetes ban: What it means for ...
    Judge Ada Brown, a Trump-appointed federal judge in Texas, issued a preliminary order against the FTC ban last week in a lawsuit brought by Ryan LLC, a Dallas-based tax services firm. The firm ...
    08/23/2024 - 6:12 am | View Website
  • FTC Announces Rule Banning Noncompetes
    Employers will be required to provide notice to workers other than senior executives who are bound by an existing noncompete that they will not be enforcing any noncompetes against them. In January 2023, the FTC issued a proposed rule which was subject to a 90-day public comment period.
    08/22/2024 - 4:22 pm | View Website
  • Judge Refuses to Block F.T.C.’s Noncompete Ban as Lawsuits Play Out
    A federal judge in Pennsylvania on Tuesday declined to block the Federal Trade Commission’s ban on noncompete agreements, diverging from another judge’s recent finding that the agency’s move...
    08/22/2024 - 8:58 am | View Website
  • Fact Sheet on FTC’s Proposed Final Noncompete Rule
    The following outline provides a high-level overview of the FTC’s proposed final rule: The final rule bans new noncompetes with all workers, including senior executives after the effective date.
    08/22/2024 - 5:23 am | View Website
  • More
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