FTC Adopts Final Rule Banning Workplace Non-Competes

The Federal Trade Commission on April 23, 2024 adopted a broad regulation that will void employer contracts, workplace policies, and compensation arrangements that prohibit, penalize, or in practice prevent a worker from working elsewhere (save for a few limited exceptions) when – and if – the ban goes into effect as scheduled in mid-August 2024.  This alert highlights the primary questions that an organization must answer to determine whether and to what extent the ban applies.  The firm will be presenting a webinar on May 9, 2024 at 1 p.m. describing the rule in greater detail and sharing practical recommendations how businesses can prepare.

The firm will explore the FTC non-compete rule in detail at its webinar on May 9, 2024 at 1:00pm.  

📰 Read the full alert now: https://www.bracheichler.com/insights/ftc-adopts-final-rule-banning-workplace-non-competes/

📧 For more information about the issues raised in this Alert, please contact: 

Keith J. Roberts, Esq., Member, Chair, Litigation Practice, at kroberts@bracheichler.com or 973-364-5201

Carol Grelecki, Esq., Member, Healthcare Practice, at cgrelecki@bracheichler.com or 973-403-3140

Jay Sabin, Esq., Member, Labor and Employment Practice, at jsabin@bracheichler.com or 917-596-8987

*This is intended to provide general information, not legal advice. Please contact the authors if you need specific advice.