When the Federal Trade Commission (FTC) released its final ruling on the ban of non-compete clauses, it provided a comprehensive definition of what constitutes a “worker.” This definition is crucial for employers, HR executives, small business owners, and anyone who might need to consult an attorney on these matters. This article will break down the FTC’s definition of “worker,” the …
FTC Non-Compete Clause Ban What Is It and What Does It Mean?
Introduction On April 23rd, 2024, the Federal Trade Commission (FTC) issued a groundbreaking ruling that effectively bans employers from creating or enforcing non-compete clauses on their workers. While this ban doesn’t apply to every non-compete clause, its overarching goal could either benefit or challenge business owners in the United States. This post will explore the specific rulings made by the …
Employment Contracts: Why They Are Important and How You Can Use Them to Protect Your Business.
Hiring new employees is a difficult process. You have to be sure they are properly suited for their position and have a personality and temperament which will suit the work environment you have spent time and effort putting together. This coupled with negotiating benefits, salary, and slotting in time for training in an already busy schedule can seem overwhelming and …
What is a Non Disclosure Agreement?
In the everyday operations of your business, many of your employees are exposed to sensitive information about your company and your clients. This information is vital to the day-to-day operations of your business. If lost or misused, the information might cause problems for your business.