Why the Feds Want to Kill Noncompetes

You might think of noncompete agreements as mostly limited to highly skilled, highly paid tech workers to protect trade secrets. But one-third of workers bound by noncompetes make $13/hour or less: fast-food workers, security guards, and the like.Noncompete clauses not only give employers leverage over their employees—both during and after their employment—but studies have shown the agreements are a weight on the economy, which is why the FTC is angling for a federal ban. Guest: Elizabeth Wilkins, director of the Office of Policy Planning, Federal Trade CommissionHost: Lizzie O’LearyIf you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Hosted on Acast. See acast.com/privacy for more information.