Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamen

I haven’t found the exact date, but it’ll be effective 130 120 days after publishing in the federal register.

Edit: typo

  • Ioughttamow@kbin.run
    311·
    7 months ago

    My personal opinion is that ndas should require the business to continue paying the employees wage and offering a benefits package as though they were employed. The wage should increase by a ramping percentage each year

    • xmunk@sh.itjust.works
      10·
      7 months ago

      Actually important NDAs do this - they’ll just pay you to come in (or at least not work anywhere else) until the knowledge you had is irrelevant… and if the action that the NDA would prevent is legitimately damaging there do exist laws around corporate espionage that already cover these breeches. If you outright steal legitimately protected information from an employer (a common example is customer lists) and resell it… an NDA isn’t needed. NDAs have traditionally just been used as a scare tactic to contain information that isn’t legitimately protected… and, of course, to unfairly punish ex-employees for leaving.