NAM Poll: Noncompete Ban Would Be Harmful
The Federal Trade Commission is proposing to ban non- compete agreements, but doing so would disrupt the op- erations of most manufacturers, according to the findings of a recent NAM poll. In February, the NAM polled manufacturing leaders to learn their thoughts on the impact of the FTC’s proposed rule, which would prohibit employers from imposing non- compete agreements on employees. Among the poll’s key takeaways: • Approximately 70 percent of respondent manufactur- ers use noncompete agreements. • The ban would cause a disruption for approximately 66 percent of manufacturers. • The majority of manufacturers—about 89 percent— said they use noncompetes that last from six months to two years. • Approximately half of manufacturers polled said a ban would have a negative impact on their investment in training and related programs. “Manufacturers use noncompete agreements only for select workers handling their most sensitive information, which cannot be allowed to fall into competitors’ hands,” said NAM Vice President of Infrastructure, Innovation and Human Resources Policy Robyn Boerstling.
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12 May 1, 2023
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