Bossed Up

Why Non-Compete Agreements Can No Longer Derail Your Career

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Synopsis

How has your life been affected by a non-compete agreement? Whether you’re painfully familiar with these contract clauses, know someone who is, or just think our free market could be more free, the recent news that non-compete agreements are on their way out the door should give you a boost.Those who have been boxed in by an employer’s non-compete agreement are absolutely not alone—they are baked into around 30 million Americans’ employment contracts. In this episode and blog post, I break down where non-competes came from, the issues they cause, and explore what a future without them might look like.Find out what a world without non-compete agreements might look like:What are they are and how they constrain employees;The widespread impact of these contracts;How will these changes affect the labor market;How will employers protect their intellectual property from now on?Related Links:Statistics from the Federal Reserve Bank of Minneapolis - https://www.minneapolisfed.org/article/2023/new-data-on-non-compete-c