Federal Ban on Noncompetes

SOURCE www.npr.org
With the federal ban on noncompetes set to take effect in 120 days, workers are questioning whether they are free to pursue work that was previously restricted by such agreements.

Key Points

  • Federal ban on noncompetes set to take effect in 120 days.
  • Workers questioning their freedom to pursue previously restricted work opportunities.

Pros

  • Workers will have more freedom to pursue work opportunities.
  • May lead to increased innovation and competition in the job market.

Cons

  • Employers may face challenges in protecting their business interests.
  • Some industries may see a rise in employee turnover.