NLRB Update: Non-Competition Agreements

Sep 28, 2018
Blog

Introduction

Welcome to Jacques H Geisenberger, Jr PC, the top provider of consulting and analytical services in the business and consumer services industry. In this article, we will discuss the latest update from the National Labor Relations Board (NLRB) regarding non-competition agreements and their potential impact on businesses and employers.

Understanding Non-Competition Agreements

Non-competition agreements, also known as non-compete clauses or restrictive covenants, are contractual agreements between employers and employees that restrict the employee's ability to engage in certain competitive activities after leaving the company. These agreements typically aim to protect the employer's trade secrets, client relationships, and intellectual property.

Importance of Non-Competition Agreements

Non-competition agreements play a crucial role in safeguarding a company's competitive edge in the market. By preventing employees from joining rival companies or starting their own competing ventures, businesses can maintain their unique selling propositions, confidential information, and market share.

NLRB's Recent Update

The NLRB, a federal agency responsible for enforcing employee rights and preventing unfair labor practices, recently issued an important update regarding non-competition agreements. The board's ruling emphasizes the need for a fair balance between protecting employers' legitimate interests and ensuring employees' rights to work freely.

Implications for Employers and Employees

The NLRB's update on non-competition agreements has significant implications for both employers and employees. Employers need to carefully review their existing agreements to ensure compliance with the latest guidelines set forth by the board. On the other hand, employees should be aware of their rights and consult legal professionals when faced with restrictive covenants that may impede their career growth and opportunities.

Key Considerations for Employers

  • Reviewing existing non-competition agreements to align with NLRB's update
  • Working closely with legal advisors to draft fair and reasonable agreements
  • Ensuring that any restrictions imposed do not unduly limit employees' future job prospects
  • Taking into account geographic boundaries, duration, and scope of restrictions
  • Understanding the potential consequences of non-compliance with NLRB's rulings

Know Your Rights as an Employee

Employees should be aware of their rights and limitations when it comes to non-competition agreements. While employers have legitimate reasons to protect their interests, it's essential for employees to understand the extent of the restrictions and their potential impact on future job prospects. Seeking legal advice can help employees navigate through these agreements and negotiate fair terms.

Choose Jacques H Geisenberger, Jr PC for Expert Consulting and Analytical Services

At Jacques H Geisenberger, Jr PC, we understand the importance of staying updated with the latest legal developments that impact businesses and employees. As a leading provider of consulting and analytical services in the business and consumer services industry, we strive to deliver comprehensive insights and guidance to our clients.

Why Choose Us?

  • Years of experience in assisting businesses with legal compliance
  • A team of highly skilled consultants and analysts
  • Proven track record of delivering practical solutions
  • In-depth understanding of NLRB's rulings and their implications
  • Unparalleled customer satisfaction

Contact Jacques H Geisenberger, Jr PC Today

Don't let the complexities of non-competition agreements and NLRB's update overwhelm you. Contact Jacques H Geisenberger, Jr PC today to discuss your specific needs and receive expert assistance from our team. We are here to help you navigate the ever-changing legal landscape and make informed decisions that protect your business interests.

Conclusion

The NLRB's update on non-competition agreements has brought significant changes to how businesses approach these contractual agreements. As an employer or employee, it's crucial to understand the implications and work towards fair and reasonable terms. Jacques H Geisenberger, Jr PC is your trusted partner in providing top-notch consulting and analytical services, ensuring that you stay informed and compliant with the latest legal requirements.

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