"FTC's Push for Complete Ban on Noncompetes Gains Momentum"
Originally Published 1 year ago — by CNBC
The Federal Trade Commission is aiming to ban non-compete agreements, a move that has drawn opposition from Wall Street and major firms across various industries. If the ban goes through, it could lead to increased competition for talent, changes in compensation packages, and potential legal challenges. Wall Street firms are advised to focus on employee engagement and satisfaction, conduct competitive analyses, and consider alternative tools to protect their business interests.