- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own.
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I remember my last job had a Non compete. I was a handy man. Non competes for NBA players and wealthy CEOs, fine. But non compete for just regular people doing regular jobs is crazy. Once I leave my current job, my ex employer should have no say in where I work afterwards.
And if your employer doesn’t want you working elsewhere, they should put you on garden leave.
Non competes for NBA players
This sounds so stupid. Big sport is dead. Go play chess.
Huh? What are you even getting offended at? Are you just seeking out things to be mad at?
Offended? Why? I’m just saying that if this is true, then “big sport” is more broken than I imagined. And that chess is good sport that does not have such bullshit.
Executives make some sense because they made deciding the direction of companies, and can take “unfair advantage”.
Athletes, no. They bring mostly their own talent and effort, and that’s also what they bring to a new team. They are only employable by doing the same thing for someone else, and likely in the same league: literally competing . Non-competes don’t make any more sense for athletes than they do for baristas
Well holy shit, when did they grow teeth? … and balls?
Don’t worry. The supreme Court will find a reason that their existence is unconstitutional soon
that their existence is unconstitutional soon
The new rule, or teeth and balls?
The entire existence of the FTC lol.
Oh damn… I gotta think bigger.
Pshhh how else would Clarence scrape Harland’s balls?
Yes
Even something positive always needs to be a backhanded compliment on lemmy
I’m sure the regulator isn’t going to be offended.
If you were as confused by this as I was:
Shortly after the vote, the U.S. Chamber of Commerce said it would sue the FTC to block the rule
The US Chamber of Commerce is a right-wing lobbying group for businesses, unrelated to the US Department of Commerce which is an actual government agency.
https://en.m.wikipedia.org/wiki/United_States_Chamber_of_Commerce
Incredibly based
I always thought non-competes were total bullshit anyways. Like a scare tactic or something. And unenforceable.
Didn’t matter and sure doesn’t now.
They probably were, but to find out you’d have to go to court, and your average person doesn’t want to do that.
It’s doesn’t matter if you want to go to court. Your future employer doesn’t want to go to court on behalf of a new hire, so they won’t hire you in the first place.
I had a non-compete handed to me when I lived in California. I laughed my ass off and signed it. When I left the dumbass VP of HR threatened me with it.
My response was “Could you pretty please try to enforce it? My lawyer would absolutely love to represent me in court. FYI you know my lawyer. He was the paralegal that told you the non-compete contract wasn’t legal. You then screwed him over and got him laid him off. Guess who passed the bar exam 6 months ago!”
They are illegal in sane countries. Sadly, my country(Russia) is not very sane, so they are only unenforcable here. At least as far as I know.
Vote went along party lines.
But MuH bOTh SiDeS, right guys?
In some countries this has long been handled by requiring that non-competes are only enforceable if the
employeremployee keeps on getting paid during the non-compete period.Want to restrict my freedom of trading my work, pay up!
Employee
Fixed. Cheers!
Is this what they make you sign that says
“You can’t join any company that is in the same industry or has the same customers for 2 years after leaving the present company”
?
Yes.
Lol what. That doesn’t make any sense. Are you supposed to just sit for 2 years doing nothing unless you’re trained on two completely different fields?
Holy shit, I had to sign one for my current job
I’ve had one in previous contracts. I smirked since they aren’t applicable in my country unless they are willing to pay me to vacation.
“nearly”? What the fuck, America, they ALL should be banned.
The ban, which will take effect later this year, carves out an exception for existing noncompetes that companies have given their senior executives, on the grounds that these agreements are more likely to have been negotiated. The FTC says employers should not enforce other existing noncompete agreements.
Removed by mod
Wow that’s actually good. So who did this, where’d they put the original people, and how can we replicate the results with every other regulatory body?
Fuck yes let’s go! I am pumped.
*So what’s the historical use of these? I can only assume in the past it was used sparingly, then went further and further until the current state of “fuck you employees”.
This is amazing! I’ve always had to be under a noncompete even though no one gives a shit about my work. So while no one would probably ever enforce it, I was always worried when switching jobs and now I don’t have to.
NDA is different than noncompete. Two companies sign an NDA so they can work together for example without fear the one or the other will disclose secrete information. Same between two regular folks. Like if I’m working on some plastic gizmo and I need to have a part made, I don’t just send it out to any machine shop. I first ask them to sign my NDA so they don’t just figure out my part and start selling it under a different name. 99% of the time there’s no need, but that 1%, that’s when you could be sitting on a goldmine and you end up giving it away for nothing.
Good.
