Fucking huge if they're finally banned. Industries you wouldn't even expect to have noncompetes have them.
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FTC bans all noncompete clauses with the exception of top level executives
- Thread starter ThisThingIsUseful
- Start date
Gonna be a big legal fight over this.
Non-competes are terrible for employees, which means businesses are gonna fight for them tooth and nail.
Non-competes are terrible for employees, which means businesses are gonna fight for them tooth and nail.
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Good. Fuck non competes. Still blows my mind a previous employee cab keep you from seeking work after you left their company.
They're bullshit.
If you want to stall someone joining a competitor you should be paying for gardening leave.
If you want to stall someone joining a competitor you should be paying for gardening leave.
Yup lol Companies probably on the phone with their lawyer teams now should the ruling not go their way.
Shit needs to die.
My wife's last employer tried to scare her into not leaving with her noncompete. It was messed up how brazen they were. Her new job was completely different, because she was aware of the non-compete lasting a year. But, they tried to claim it was similar enough to be actionable. We literally had their handbook and multiple print outs that said clear as day "this job is not X." And then when she tried to leave to go do X, they claimed it was the same.
Had to go waste $150 to talk to a lawyer who assured us they were just scare tactics and to ignore them. They kept trying to find out where she was going, which the lawyer warned us they would do so they could contact them and scare them into not hiring her. When she wouldn't tell them where she was going, they sent her a letter telling her SHE needs to tell the new employer about her non-compete and warning that they would be keeping tabs on her.
It was all fucking insane.
My wife's last employer tried to scare her into not leaving with her noncompete. It was messed up how brazen they were. Her new job was completely different, because she was aware of the non-compete lasting a year. But, they tried to claim it was similar enough to be actionable. We literally had their handbook and multiple print outs that said clear as day "this job is not X." And then when she tried to leave to go do X, they claimed it was the same.
Had to go waste $150 to talk to a lawyer who assured us they were just scare tactics and to ignore them. They kept trying to find out where she was going, which the lawyer warned us they would do so they could contact them and scare them into not hiring her. When she wouldn't tell them where she was going, they sent her a letter telling her SHE needs to tell the new employer about her non-compete and warning that they would be keeping tabs on her.
It was all fucking insane.
I mean I can understand non-competes for some employees with privileged access. Like yeah executives should probably be bound by them. The avg employee though? Nah. I just hope the law makes sense.
I once had a non-compete that was NATIONWIDE for my given profession, something which I went to professional school for and am licensed by my state to perform. It was absolutely insane that my former employer thought they could keep me from working in my field just because I happened to spend a year working for them. They didn't sue me when I left or anything, but it was definitely a concern.
That's such ridiculous behavior. That $150 on the lawyer doesn't seem to be a waste. Peace of mind with the transition is easily worth that.
Our state has a statutory prohibition against government employees turning around and working for contracted vendors but it is abused all the time. The wording is such that a person leaves, occupies a "consulting" role, and never makes direct contact with the government agency themselves until enough time has passed.
The dumbest part is that the people who it should apply to the most — high level decision makers — are the ones most easily excused out of it.
Good.
I think a certain limited form of non-compete where you can't be actively setting up your own business / providing insider information to an external company makes sense but that's it.
I think a certain limited form of non-compete where you can't be actively setting up your own business / providing insider information to an external company makes sense but that's it.
Noncompetes are junk-ass bullshit designed to keep wages down and profits up, so I'm very skeptical the FTC will actually succeed in killing them
This is fantastic news. This has been such an intimidation tactic in the tech industry for years and years.
OP
OP
My issue is when they claim you're violating the non-compete for a totally unrelated job just trying to keep talent onboard until they can offboard on their terms.
Yeah I won't believe this is happening until it passes that test. This is way too straightforward for so much money on the table.
Funny thing is my VP of technology moved directly from my employer (a bank) to a direct competitor last year and I was shocked that a non-compete didn't block him from moving as he was clearly poached to move over into almost the exact same role.
Noncompete has directly hindered many people I know. Myself included. Shit needs to fucking *go*. What a scam.
Chamber of Commerce will likely take this to SCOTUS and yeah...we will see.
Every time I see this described I think people are lying, it sounds straight up comically evil. It's almost like saying you have to pay your company for not working there.