Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 to implement a new rule banning non-compete agreements for most U.S. workers. Specifically, the new rule prohibits employers from entering into or...more
4/25/2024
/ CEOs ,
COOs ,
Employees ,
Employer Liability Issues ,
Employment Contract ,
Federal Bans ,
Federal Trade Commission (FTC) ,
Final Rules ,
Non-Compete Agreements ,
Popular ,
Restrictive Covenants ,
Unfair Competition
Each year, LP’s Employment & Executive Compensation Practice Group is pleased to provide a short checklist of steps that all companies should consider taking to measure their readiness for the coming year. We hope that you...more
1/27/2023
/ Anti-Harassment Policies ,
Bereavement Leave ,
Classification ,
Day of Rest Laws ,
Employee Training ,
Employer Liability Issues ,
Employment Contract ,
Equal Pay ,
Independent Contractors ,
Minimum Wage ,
Pay Transparency ,
Restrictive Covenants ,
Retirement Plan ,
Sick Leave ,
Wage and Hour
On January 5, 2023, the Federal Trade Commission (FTC) proposed a new rule restricting the use of non-compete agreements as an “unfair method of competition” in violation of Section 5 of the FTC Act. The proposed rule would...more
Amendments to the Illinois Freedom to Work Act mean that for restrictive covenant agreements signed on or after January 1, 2022:
•Employees making $45k or less per year can’t be subject to non-solicits and employees...more