By Suliat Jimoh, Paralegal at Winckworth Sherwood
Following the global pandemic and Brexit, both the UK Government and U.S. Federal Trade Commission (FTC) have proposed changes and key reforms to post-termination restrictive covenants in employment contracts. The intended changes aim to empower employees with liberty and autonomy by allowing them to change jobs more freely without the constraints of lengthy non-compete clauses preventing them from doing so. It is anticipated that these changes will grant greater labour mobility will increase healthy business competition and boost the economy.
What are non-compete clauses?
During the course of their employment, employees – particularly senior ones - would have obtained knowledge of confidential information regarding their employer’s busi...
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