The Federal Trade Commission (FTC) and the Equal Employment Opportunity Commission (EEOC) have finalized a rule that significantly limits the use of non-compete agreements, affecting employers and employees across various sectors including M&A, private equity, and venture capital. This new regulation, part of the Pregnant Workers Fairness Act, is set to impact approximately 30 million workers nationwide. Businesses in South Florida and elsewhere are currently adjusting to the changes, which necessitate a careful reevaluation of employment agreements. More details will be provided at 5 PM.
30 Million workers nationwide could be impacted by a recent FTC decision on non-compete contracts. What N. Nevadans need to know. https://t.co/wWg6M1lRE7
Looking Past the Headlines, the Impact of the FTC’s Ban on Non-Competes in M&A, Private Equity and Venture Capital https://t.co/NrbE1unt2e
What an FTC decision voiding most non-compete contracts means to employees and employers. Details at 5 https://t.co/Vsj811Rb6o
Employers Need to Carefully Prepare Agreements in Wake of New FTC Final Rule https://t.co/hh9MHmyZ4K
Federal Trade Commission EEOC Finalizes Rule for the Pregnant Workers Fairness Act Final Rule Banning Most Noncompetes https://t.co/qmB2Mctxj9 @proskauer @FTC @womensemprights https://t.co/9nrrnofnn2
South Florida businesses play waiting game with new FTC ban on ‘noncompete’ agreements https://t.co/pi48i1JqVV