In this episode of the Employee Survival Guide, Mark discusses the following. In an anticipated and crushing blow to all employers nationwide, the Federal Trade Commission (FTC) on January 5, 2023 issued a proposed rule that would forever ban noncompetition agreements in employment for an estimated 160 million working Americans. Employees have suffered needlessly for far too long under these oppressive and one sided employment agreements that benefit only employers. I have spent my entire legal career voiding these default employer agreements, and on behalf of all employees Hasta La Vista Baby.
Mark goes further into the details of this proposed rule and what it means for all employees nationwide. He provides critical and timely insight to this dramatic change in the relationship between employees and employers.
Employees Can Speak Out
Employees can weigh in too and cast their ballots in favor of the proposed rule. The FTC has opened public comment on the proposed rule for 60 days and I encourage all employees and executives to send in their stories about how their noncompete agreements ruined their employment prospects and wages.
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