Beginning July 1, 2025, a significant change to Virginia employment law will take effect, further strengthening protections for workers across the Commonwealth. Under the newly enacted legislation, Senate Bill 1218, employers will be prohibited from entering into or enforcing non-compete agreements with any employee classified as non-exempt under the federal Fair Labor Standards Act (FLSA), regardless of that employee’s income level. This marks a major expansion of Virginia’s existing non-compete restrictions, which since 2020 have
Read More... →In a recent landmark vote, the Federal Trade Commission (FTC) banned nearly all existing and future noncompete agreements. The FTC has long argued that binding noncompete agreements are an unfair method of competition under Section 5 of the FTC Act. For employees, understanding the details of this new regulation and knowing the necessary steps to take is crucial, as the new rule will significantly reshape the employment landscape. Who Will Be Affected? The FTC’s ban
Read More... →The Federal Trade Commission (FTC) recently voted to ban almost all existing and future noncompete agreements. The Final Rule states that noncompetes are considered an unfair method of competition that violates Section 5 of the FTC Act. The ban will not apply to noncompetes held by senior executives. The Final Rule defines a senior executive as someone earning more than $151,164 annually and holds a policy making position. The ban will also not apply to
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