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Save Noncompete Agreement in Excel

Save Noncompete Agreement in Excel

Aug 6th, 2022

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How to Save Noncompete Agreement in Excel

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The Federal Trade Commission (FTC) estimates that nearly $300 billion is lost annually by workers due to noncompete agreements, which also depress wages for those not directly affected. The FTC has proposed a federal ban on these clauses, following the lead of several states, believing it will benefit workers by prompting companies to adopt new, creative strategies to retain talent. Noncompete agreements typically prevent employees from joining competing firms for a specified duration after leaving their job. The proposal's potential impact on workers and businesses faces various challenges ahead.

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