Employee turnover - McGraw-Hill Introduction to Business

NLRB Rules Against Non-Disparagement Clauses

March 31, 2023

Earlier this year, we looked at how the Federal Trade Commission (FTC) proposed a ban on noncompete clauses in employer contracts, which restrict the jobs that former staffers can take once they leave a company. Another controversial clause that some businesses place into contracts prevents ex-employees from talking bad about their old jobs if they accept a severance agreement. Labor advocates have long criticized nondisparagement clauses for infringing on the rights of workers, a point that the National Labor Review Continue reading →

Human Resources, Employee turnover, Labor Relations, Severance, Regulation, Hiring, Motivation, FTC, Ethics, Noncompete clauses

Chapter 1: Taking Risks and Making Profits, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

Some Companies Charge Ex-Employees for “Training Repayment”

February 1, 2023

NickelsMcHughMcHugh

Onboarding employees can be one of the most expensive items on a company’s balance sheet as firms spend big money hiring and training new staffers. Of course, this costly process has no guarantee of success: people hired yesterday can leave tomorrow as quickly as they arrived. To offset the costs of rapid turnover, some companies are inserting controversial clauses into employment contracts that require staffers to repay training fees if they quit. For example, Kate Fredericks signed such an agreement Continue reading →

Regulation, Ethics, FTC, Training, Onboarding, Human Resources, Employee turnover, Labor Relations

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

FTC Proposes Ban on Noncompete Clauses

January 18, 2023

NickelsMcHughMcHugh

For years, many major companies have depended on noncompete clauses to hang on to their most talented employees. These binding agreements prohibit individuals from taking jobs at similar firms or from striking out on their own for a specified period of time. Companies claim that they insert noncompete clauses into employee contracts in order to ensure the safety of trade secrets and other confidential data like consumer lists or contact information. According to a recent proposal from the Federal Trade Continue reading →