Posts Tagged ‘executive compensation’
F.T.C. Bans Worker Noncompete Clauses
On April 23, the Federal Trade Commission essentially banned most noncompetes, clauses which prevent workers from leaving for a competitor for a certain amount of time. Approved by a 3-to-2 vote, the commission’s move will likely help create jobs, raise wages by forcing employers to compete harder for talent, and increase competition among businesses. Noncompetes…
Read MoreExecutive Separation Agreements & Severance Packages
Unless you have a contract of employment with a specific term of employment, employers typically do not have an obligation to provide a Separation Agreement or severance pay. Generally, however, an executive employee holding a high or mid-level management position will be asked by many employers to sign a Separation Agreement, which usually includes a…
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