Interesting to see how companies adapted to the changes in noncompete laws. What will be the next fallback position?
> The Federal Trade Commission has proposed a rule that would ban most noncompete clauses, including many T.R.A.s. In July, the Consumer Financial Protection Bureau released the findings of a yearlong study on employer-driven debt, saying it “poses the risk of suppressing wages and forcing workers to stay in jobs they do not want” and that “trainings may have greatly inflated valuations.”
Inflated values should not be used, but does that taint all TRAs? If they are outlawed, how will that change the hiring practices of companies that train new hires in-house?