In The Boston Globe, Doug Brayley Discusses FTC’s Proposed Ban on Noncompete Agreements

In an article for The Boston Globe, employment partner Douglas Brayley commented on a proposed FTC ban that would prohibit new noncompete agreements and nullify existing noncompete agreements for employees who are not senior executives. Nearly 20 percent of Americans have noncompete agreements in their contracts.

Doug noted that while the FTC and labor advocates argue that noncompetes drive down salaries, many employers argue that noncompetes help them invest more in employees because they have the reassurance they won’t suddenly leave.

It’s not “obvious which way it cuts, especially for the higher compensated folks who have real access to company goodwill, customer goodwill, trade secrets, and that valuable company property,” Doug said.