Florida Enacts Tougher Non-Compete Laws to Retain High-Paid Workers
TL;DR Summary
Florida has enacted a law allowing non-compete agreements of up to four years for high-earning employees with access to confidential information, benefiting companies like Citadel and attracting finance firms to the state, despite criticism from some think tanks.
- Florida made it much harder for highly paid workers to swap jobs, thanks to Ken Griffin Business Insider
- Ken Griffin-Backed Florida Bill for Non-Competes Becomes Law Bloomberg
- In a first, Gov. DeSantis lets non-compete bill become law sans signature Tallahassee Democrat
- Florida’s CHOICE Act Offers Employers Two New Types of Agreements to Prevent Unfair Competition by Highly Compensated Former Employees Littler Mendelson P.C.
- Will Florida’s New Non-Compete Bill Attract Tech Companies to the Sunshine State? A Thought Experiment JD Supra
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