HR Policy Association
News

Center Weighs in on Non-Compete Agreements

Published on: July 23, 2021

Authors: Ani Huang

Topics: ESG and Diversity & Inclusion

Anticipating Federal Trade Commission (FTC) rulemaking in response to President Biden’s Executive Order on Promoting Competition in the American Economy, the Center On Executive Compensation expressed strong opposition to a blanket ban on non-compete agreements to the Commission.

The Center highlighted our comments submitted last year that noted non-compete agreements are appropriate and critical for executives and other senior employees.  We also noted legitimate concerns regarding the use of non-competes for hourly and middle-income employees.

The Commission is expected to issue regulatory guidance as early as this fall, with final regulations promulgated next year. 

Outlook:  HR Policy and the Center On Executive Compensation will continue to articulate to the Commission and congressional banking committees our concerns with a “one size fits all” ban on non-compete agreements and will inform stakeholders of the legitimate business needs for such agreements.

Ani Huang

President and CEO, Center On Executive Compensation

Detailed Bio

Contact Ani Huang LinkedIn

MORE NEWS STORIES

HCM Disclosure, Year Two: More of the Same
COVID-19 Employer Issues

HCM Disclosure, Year Two: More of the Same

May 20, 2022 | News
Board Diversity Still Eluding Large Companies
Compensation Committee and Board

Board Diversity Still Eluding Large Companies

May 13, 2022 | News
Integrating ESG Metrics into Executive Pay
ESG and Diversity & Inclusion

Integrating ESG Metrics into Executive Pay

May 13, 2022 | News