Park Avenue Presentations

Will Noncompetition Agreements Become Illegal: Learn What Employers Can Do to Restrict Competition from Former Employees

Tuesday, February 28, 2023 at 1:00 pm ET

Duration: 90 minutes

Speaker: Dr. Jim Castagnera, Esq.

Register for Live Webinar: $299
Register for Live Webinar Plus Recording Download: $349

 

Bonus for Each Registrant:  The webinar speaker will answer one written question that you may submit by email within one week after the webinar.

 

Special Feature: If you register for this webinar and cannot attend, you will be able to access a one-time instant replay without charge for up to 90 days after the date of the webinar.

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Webinar Description

In announcing proposed regulations outlawing most employee noncompetition agreements, the Federal Trade Commission is making good on a promise made by President Joe Biden nearly two years ago.  In his July 9, 2021 Executive Order on “Promoting Competition in the American Economy,” The fact sheet explaining Biden’s order observed, “Competition in labor markets can empower workers to demand higher wages and greater dignity and respect in the workplace. One way companies stifle competition is with non-compete clauses. Roughly half of private-sector businesses require at least some employees to enter non-compete agreements, affecting some 36 to 60 million workers.” 

                A growing number of states agree with the Biden Administration.  California, Colorado, Illinois, Maine, Maryland, New Hampshire, North Dakota, Oklahoma, Oregon, Rhode Island, Virginia and Washington have either banned outright or sharply restricted employee non-competes.  

       Encouraged by Biden’s Executive Order, the FTC had been signaling for some time that the proposed regs were on the agency’s drawing board.  On January 5th, the regs were finally revealed.  The accompanying press release opens, “The Federal Trade Commission proposed a new rule that would ban employers from imposing noncompetes on their workers, a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses.”

This informative webinar will explain what a non-compete agreement contains, where it is illegal and what alternatives affected employers have if non-compete agreements are not available.  

 

Agenda

What is a non-compete agreement
•       When will courts enforce non-competes
What the FTC’s proposed regulations say
•       What is the likelihood they will become final
•       If so, when will they take effect
•       Can you still submit a public comment to the FTC
Which states currently outlaw non-competes
•       What do they typically prohibit
•       What are the exceptions
What alternatives to non-competes do employers have
•       No-solicitation agreements
•       Confidentiality (NDA) agreements
•       Sample policies
Can employers enter into no-poaching agreements
•       What can be the consequences
•       What are the exceptions

 

CONTINUING EDUCATION INFORMATION

 

Continuing HRCI Credit

Approved Provider

This program has been pre-approved for 1.5 hours of General recertification credit hours through the HR Certification Institute. Use of the seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit.

 

Continuing SHRM Credit

SHRM Recertification Provider
Park Avenue Presentations is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org

 

Logistics

This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.