FTC Proposed Ban of Noncompetes: Practical Guidance For Employers
The Federal Trade Commission’s (“FTC”) proposed rule banning the use of non-competes with employees and workers could regulate nearly every employer in the nation. If a final rule emerges from this proposal it could potentially prohibit non-disclosure, non-solicitation, and non-recruitment agreements and functional non-compete clauses. How can individual firms and industry groups alike weigh in on one of the most substantial regulatory actions facing employers right now? And what should businesses do to prepare? Kelley Drye’s Labor and Employment practice shares practical guidance to help employers prepare for a world without noncompetes.
Mark Konkel, chair of Kelley Drye’s Labor and Employment practice, details what employers need to know - https://www.labordaysblog.com/2023/01/ftc-insights-how-employers-can-prepare-for-a-world-without-noncompetes/