I was under the impression that workers earning less than $151,164 annually usually don't have noncompetes anyway? Sounds like a lot of people will get bucketed into "senior executives" group. At least new noncompetes can't be created.
Non competes are everywhere. Famous case with Prudential Security[0] where they had everyone sign non competes, that includes minimum wage workers, and they enforced them, which put an outsized strain on the minimum wage workers in particular.
That's the motivation behind this rule. About one in six food outlets were demanding non-compete terms in employment, to prevent their employees from quitting to work for higher-paying outlets.[1] (Not McD and Burger King; mostly the smaller ones.)
no_wizard|1 year ago
Its a harmful practice across the board.
[0]: https://www.cbsnews.com/news/noncompete-agreement-feds-sue-3...
Animats|1 year ago
[1] https://thecounter.org/biden-targeting-non-compete-agreement...
kube-system|1 year ago
Although, someone in this type of a role can often get away with ignoring noncompetes as long as they're smart about how they exit.
no_wizard|1 year ago
Simply put though, they shouldn't have to.