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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

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The Federal Trade Commission (FTC) has announced a proposal that would ban noncompete clauses, which are contracts that can prohibit employees at a company from job jumping within their career field, trading company insights, and more. . Coca-Cola’s secret formula might be at risk.

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AI Probably Won’t Take Your Job In 2024

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These kinds of concerns have led top technology firms that are heavily invested into AI technologies — including Google, Meta, Microsoft, and Amazon — to commit to AI safeguards proposed by President Joe Biden’s administration. Leaders at these companies also committed to meeting with the government to help guide public policy.

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A Noncompete Clause Ban Is on the Table—Here’s What Employees Should Know

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President Joe Biden issued an executive order in 2021 calling on the FTC to ban or limit noncompete agreements, and this January, the commission proposed a new rule to prevent employers from entering into new noncompete clauses and to rescind existing ones.