Large Employers Emphasize Reasonable Use of Non-Compete Agreements, Especially for Senior Executives
WASHINGTON, D.C. – HR Policy Association, representing chief human resource officers of more than 400 of the largest employers in the United States, today releases its comment letter to the Federal Trade Commission in response to its proposal to ban the use of non-compete clauses for all employees and independent contractors.
HR Policy Association associate counsel Greg Hoff said, “HR Policy Association’s focus on the proposed ban of non-compete agreements by the FTC is on the reasonable use of non-compete agreements by our member companies (over 400 of America’s largest employers) and why such reasonable use is also vital for protecting proprietary information and employee investments. Thus, our main concern is educating the FTC on the same and emphasizing that to the extent that there are bad actors who use non-compete agreements unreasonably, a total ban is unnecessary to address such issues, and would result in significant negative consequences for the thousands of employers and employees that utilize reasonable non-compete agreements. HR Policy Association also joins other members of the business community in its position that the FTC lacks authority to regulate non-compete agreements in the first place.”
Greg Hoff is available for media interviews.
Full comments can be found here: https://www.chro.org/getmedia/69ec55cb-07f7-46b1-b437-8617ff858374/HRPA-FTC-Non-Compete-NPRM-Comments.pdf
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HR Policy Association is the lead organization representing chief human resource officers of major employers. The Association consists of more than 400 of the largest corporations doing business in the United States and globally, and these employers are represented in the organization by their most senior human resource executive. Collectively, their companies employ more than 11 million employees in the United States, over nine percent of the private sector workforce, and 20 million employees worldwide. They have a combined market capitalization of more than $8 trillion. These senior corporate officers participate in the Association because of their commitment to improving the direction of human resource policy. Their objective is to use the combined power of the membership to act as a positive influence to better public policy, the HR marketplace, and the human resource profession. For more information visit www.chro.org.
