The Federal Trade Commission (FTC) has voted to ban noncompete clauses, a move aimed at preventing workers from being trapped in unsafe jobs due to onerous contracts. This ban, however, only applies to for-profit businesses, leaving workers at nonprofit hospitals unaffected. The decision has sparked debate over whether it is a boon for workers or an example of government overreach. Additionally, questions have been raised about the enforcement of the ban and its impact on confidentiality agreements. Despite the FTC's ruling, some noncompetes are still being enforced, as evidenced by CVS agreeing to pay Bricker $10 million over the first two years of her tenure, even if she does no work for the company.
.@Meyer_HM: Health Worker for a Nonprofit? The New Ban on Noncompete Contracts May Not Help You https://t.co/GV3QrHgW6a via @kffhealthnews
Interesting - looks like some non-competes are still being enforced despite the FTC ban. "CVS agreed to pay Bricker $10 million over the first two years of her tenure, “even if Bricker does no work for CVS,” according to the appeals court ruling. But the district court, and now…
FTC ban on noncompetes raises confidentiality issues—and can it be enforced? https://t.co/eYPRGkoYuo @daniellebraff
ICYMI. Noncompete Rule: Boon for Workers or Government Overreach? https://t.co/ak4jbCu0lg
NEW: “No one should be trapped in an unsafe job by onerous contracts.” Federal trade officials voted to ban noncompete clauses — but have authority only over for-profit businesses. What about workers at nonprofit hospitals? @Meyer_HM reports ⤵️ https://t.co/WXCHAJKkXW