A noncompete agreement, a pledge not to work for a competitor for a set amount of time, makes sense – when the worker is well compensated and privy to company secrets. But that doesn’t describe the vast majority of workers who’ve signed noncompetes.
# Stuff You Should Know - Non-Compete Agreements
Josh and Chuck dive deep into the world of non-compete agreements, exploring why one in five American workers are bound by these controversial contracts that restrict their ability to work for competitors or start their own businesses. From examining their sketchy history dating back to 15th-century England to unpacking shocking modern examples like sandwich shops and summer camps requiring these agreements from low-wage workers, the hosts break down why these deals are often wildly unfair and what research shows they actually cost workers and the overall economy.
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