NEW YORK — For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits., which bar millions of workers from leaving their employers for a specific period of time. The FTC's move, which is already being challenged in court, would mean that such employees could apply for jobs they weren’t previously eligible to seek.that will make millions more salaried workers eligible for overtime pay .
A moving company that relied on its relationships with real estate agents to generate business, Lopez said, was surprised to learn that an employee was doing business on the side, including with a competitor, using client relationships he had made through his employer. That violated his noncompete agreement, so he was fired.People may assume that noncompete agreements apply only to high-level executives in the technology or finance industries.
“They thought they had a qualified sales associate hired and ready to get to work, and all of a sudden now they’re back to square one.”Some view noncompete agreements as harmful and unfair to workers by limiting their mobility. Career opportunities are often more attractive outside an employee's current workplace. And with restrictions on the type of work they can do for a competitor, it can be hard to shift into a more suitable or lucrative position.
Experts suggest that employees consult their human resources department about any noncompete agreements that might exist. If a workplace doesn’t have an HR department, an employee should ask a lawyer for the company.There are still laws on the books that protect companies' trade secrets. The FTC decision doesn't change that.
On the social media site X, the AFL-CIO labor organization said the rules will “restore and extend overtime protections for hard-working Americans.”Almost certainly so. A 2016 effort by the Obama administration was scuttled in court just days before it was set to take effect. Because the new overtime rules won't take effect until July 1, groups have time to study the ruling before mounting a challenge.
Federal Trade Commission Overtime Pay Trade Secrets Salaried Workers American Workers Paul Lopez Stefanie Camfield Moving Company Pay
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DailyFaceoff - 🏆 25. / 68 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »
Source: DailyFaceoff - 🏆 25. / 68 Read more »
Source: DailyFaceoff - 🏆 25. / 68 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »