Page 17 - Workforce Mobility Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

EIG American Dynamism Series | The Case for Non-compete Reform   On April 29th, the Economic Innovation Group (EIG) hosted a webinar to discuss the Workforce Mobility Act [1], recently reintroduced bipartisan legislation from U.S. Senators Chris Murphy (D-CT) and Todd Young (R-IN), that would limit the use of non-compete agreements that curtail worker mobility, stem wage growth, and stifle entrepreneurship and innovation. Today, around 20 percent of American workers are covered by a non-compete agreement. Non-compete agreements have negative effects on all workers but are especially damagin...

To embed, copy and paste the code into your website or blog: UPDATE (4-5-21): The D.C. law is “effective” as of March 21, 2021 but will not be “applicable” until the Fall of 2021. Here are the details: There has been confusion over when compliance with the new D.C. law will be required. The uncertainty is caused by the presence of both the terms “effective date” and “applicability date” in the new law without explaining their meanings. The “effective date” is the date the bill became law under the terms of the District’s home rule law – a process explained in this arti...

To embed, copy and paste the code into your website or blog: Noncompetition agreements are common tools used by employers to prevent former employees from unfairly competing against them. Traditionally, many states have allowed employers to require employees to sign noncompetes as long as they were reasonable in scope and protected an employer’s legitimate business interests. In turn, employers often required every employee to sign a noncompete even when it was unlikely that certain employees, particularly those in lower-wage positions, really posed much of a future competitive threat. In r...

On February 25, 2021, the Workforce Mobility Act, a bipartisan bill to limit the use of non-compete agreements, was introduced in the U.S. Senate by Senators Chris Murphy (D-Conn.),...

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