ACP400 Non-Compete Clauses And Your Career

Many of you are bound by Non-Compete clauses in your employment contracts. There is a new proposed rule by the Federal Trade Commission which many consider pro-employee a positive force in career progression. To discuss this rule-making and recent news is Aviation Attorney Chris Pezalla. Preflight Checklist: Sponsor: The sponsor of this is Stratus Financial, Private Student Lending - For Pilots, By Pilots. Stratus Financial offers student loans for pilot training from zero to hero. Stratus Financial Understands your needs because they are pilots! You can find more at https://stratus.finance/ As a sponsor of this podcast, Stratus Financial is giving away scholarship guides and you can get yours for free using the coupon code “Stratus” when you visit https://www.aviationcareerspodcast.com/free/ Whether it’s financing your dream of flying, or simplifying the process by taking care of your student loans; their efficient, hassle-free funding can connect you to the life of your dreams of becoming a professional pilot sooner than you ever thought possible! To find out more visit https://stratus.finance Cruise Flight: A federal judge ruled the US Federal Trade Commission can’t enforce its near-total ban on noncompete agreements that was set to go into effect September 4, 2024, blocking an effort by the agency to make labor markets more competitive. What is a non-compete clause? Should I sign a contract with a non-compete clause? What is the new proposed rule-making? Recent News: Judge Ada E. Brown of the U.S. District Court of the Northern District of Texas has struck down the Federal Trade Commission’s (“FTC”) enactment of a new Rule on September 4, 2024, which would have effectively resulted in a nationwide ban on nearly all current and future employee non-competition agreements (with limited exceptions). On Tuesday, August 20, 2024, the Texas District Court entered a 27-page sweeping decision to preserve the status quo of applicable law before FTC’s adoption of the Rule. Therefore, the Texas court’s decision leaves the 50-state landscape of state statutes, court decisions, and state regulations permitting or rejecting enforcement of non-competes in place. How does it affect me? Does this mean I am off the hook for all the bonus money I received? Advice moving forward when reviewing Non-Compete Clauses. Take Care of yourself and your family first. Links: Texas judge strikes down FTC rule banning noncompete agreements - The Washington Post https://www.ftc.gov/legal-library/browse/rules/noncompete-rule https://www.aviationcareerspodcast.com/acp378-12-actions-to-take-during-a-hiring-slowdown-in-2024/ https://www.aviationcareerspodcast.com/coaching/ Questions: Questions please visit us: https://www.aviationcareerspodcast.com/contact/