A New FTC Rule Could Ban Non-Compete Agreements for Most Employees

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  • เผยแพร่เมื่อ 16 ก.ย. 2024
  • Are you a business owner with written agreements with independent contractors or employees that include non-compete clauses? You may have heard that the Federal Trade Commission (FTC), recently issued a final rule banning non-competes. That final rule has not been published and has been challenged in court. I will, briefly, summarize the FTC rule for you and let you know what you, as a business owner, need to do now.
    Katherine Taylor, the founder of Taylor Legal, has represented businesses and their owners for over 15 years. She breaks down complex or confusing issues encountered by an entrepreneur when starting or running a business.
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ความคิดเห็น • 5

  • @andreat7788
    @andreat7788 หลายเดือนก่อน +2

    This is going to be a major shift in the sales industry. Every rep I know in medical has a non compete over them. They essentially have to switch industries or relocate to change jobs. It has let the companies mess with pay structure for far too long because they have come to realize the reps are essentially stuck unless the FTE wants to learn a new industry or territory.

  • @juanmontenegro2025
    @juanmontenegro2025 23 วันที่ผ่านมา

    I've never signed a non-compete agreement. They never fired me, and 18 month later, I left that job and started my own junk removal businesses in florida.
    I was working as a W2 employee, but the employer was paying me as 1099 independent contractor.
    Today, I received a text message from this former employer saying that I violated the non-compete agreement and he is going to sue me if I don't close my new business.
    While I was working for that company, I was making $180 a day. Most of the time, I worked from 9 to 14 hours a day without benefits and no overtime pay
    Does anyone in here know if this becomes a legal issue or not?

    • @taylorlegal
      @taylorlegal  22 วันที่ผ่านมา +2

      My suggestion is that you locate an employment attorney in the state in which your former employer is located. Based on what you have said, the attorney would be able to advise you if there were any violations by the employer of state or federal wage laws or other regulations regarding employment. They will also be able to advise if there are any valid claims by the employer for violation of a noncompete.
      Make sure you locate a lawyer who represents employees and not just employers.

  • @mdborhan9703
    @mdborhan9703 9 วันที่ผ่านมา

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    I hope you're doing great! I'm Borhan, and I've been following your "Legal Tips From The Lawyer for Business Owners." channel for a while now. Your videos are not only inspiring but also incredibly well-made. It's clear you put a lot of heart into what you do.
    I see so much potential in your content, and I believe there's an opportunity to reach an even larger audience. I'd love to chat with you about some strategies to accelerate your channel's growth.
    This won't be a sales pitch-just a friendly conversation to share some ideas. If you're interested, let's set up a quick call at a time that works for you.