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| It won't affect me but may others. FTC is considering ban non compete clauses (Page 1/2) |
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maryjane
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JAN 05, 11:30 AM
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| quote | WASHINGTON, Jan 5 (Reuters) - The U.S. Federal Trade Commission, which enforces antitrust law, proposed a rule that would ban companies from requiring workers to sign noncompete provisions as well as some training repayment agreements, which companies use to keep workers from leaving for better jobs, the agency said on Thursday.
Reporting by Diane Bartz; Editing by David Gregorio
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williegoat
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JAN 05, 11:53 AM
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maryjane
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JAN 05, 12:23 PM
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I dunno. Lots of states have already banned 'em I don't know if it will make all that much difference. But yes, 2 parties should have the right to enter into a mutual agreement.
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williegoat
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JAN 05, 12:42 PM
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Many years ago, Kevin Knight and Jerry Moyes were in business together. When Kevin left the company, he had to sign a non compete agreement which held him back for (I think it was) seven years. About six years ago, Kevin's company bought out Jerry. Now, Kevin owns the world's biggest trucking company.
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MidEngineManiac
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JAN 05, 12:43 PM
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I can see them in a few highly skilled/ expensive to train areas, but most of them are sketchy at best.
Employers try to make them overly broad to hold staff hostage. (IE: they will try to make a NCA fixing heavy trucks apply to a new job fixing appliances, or bikes, or cars, or anything else that requires a wrench.)
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Raydar
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JAN 05, 02:38 PM
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I think non-compete clauses should be illegal, in most cases.
If an employee is skillful enough to be a threat to your business's well being, by leaving and working for a competitor, then make it worth their while to stay on.
A possible exception could be if you are under contract for a specific period, and then break that contract. And then, only until the original contract would have expired.[This message has been edited by Raydar (edited 01-05-2023).]
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Jake_Dragon
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JAN 05, 08:45 PM
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non compete should be ended.
But I do agree if someone pays for your education there should be an obligation for it. It should be well defined and understood by both parties.
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theogre
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JAN 05, 09:19 PM
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Non Compete have been used for Many Decades at least.
I bet many here have signed non compete, NDA, and other agreement as part of getting a job and didn't notice because you don't read the doc's and employee manuals.
Most big companies just don't enforce them when you quit or more so when they fire you. Some states Void this when company terminate for most reasons.
Training have been used for Decades too. Almost every company w/ school payout, Company Paid MS etc Certs for you, and more have rules to stay X time or you pay.
Just now a lot of "small fry" operations slap a training label on a lot of crap and claim you own them.------------------
Dr. Ian Malcolm: Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should.
(Jurassic Park)
The Ogre's Fiero Cave
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82-T/A [At Work]
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JAN 06, 07:21 AM
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Interesting...
The organization I just left, required me to pay back my educational costs. While some people were signing up for student loan repayment, I was signing a check back to the same place to repay over $8,000 in educational costs for a class I was asked to take for work, but didn't really want to take. As you can imagine, I was beyond thrilled...
I've always believed that NDAs generally have no teeth when it comes to things like, preventing someone from working for another company doing the same thing. But it does seem as though it has some integrity when it comes to technology and ensuring that someone doesn't take IP and use it at another company.
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Wichita
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JAN 06, 01:27 PM
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NDAs deny people the ability to earn a living. So I'm against them.
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