Becker's Healthcare April 22, 2024
Noncompete clauses lead to wage reduction totaling $300 billion each year, according to an April 21 article by DCReport.
Using data from the Economic Policy Institute, DCReport found that noncompete clauses decrease the pay of workers subject to them by approximately 15%.
The debate behind regulating noncompete clauses has come to a head recently, as the FTC will begin to hold hearings April 23 on its plan to create stricter rules around the enforcement of noncompete contracts, according to DCReport.
Physicians are among those affected, and according to Thomas Pliura, MD, physician and attorney in Le Roy, Ill., they...