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Here’s what the ruling aims to do and when it’s expected to go into effect. Davide Zanin Photography / Shutterstock.com
On April 23, the Federal Trade Commission (FTC) implemented a ban on noncompete clauses for most U.S. workers. The ban, which is likely to face legal challenges, prevents employers from putting noncompete clauses into new employment agreements. Most existing noncompetes also go away. But what is a noncompete clause, and how does this FTC decision impact you? We’ll break it down.
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