On January 5, 2023, the Federal Trade Commission (“FTC”) created a stir when it released a Proposed Rule that, if implemented, would prohibit the use or enforcement of post-employment noncompete provisions. The Proposed Rule would extend to most workers, whether paid or not and would require employers to rescind existing noncompete agreements within 180 days of the publication. On February 1, 2023, a new federal law was introduced in the Senate with bi-partisan support, which would ban the use of most noncompetes with most employees. What about the Virginia law enacted in 2020?
ALFA International member firm Gentry Locke, along with Brett Creasy of bit-x-bit, LLC, a leading digital forensic company, will present a webinar on February 28, 2023, from 12:00 pm to 1:00 pm, providing timely and practical advice on steps companies can take to enhance its ability to protect its valuable proprietary information and cover the following:
• A review of Virginia’s existing law, the key aspects of the FTC’s Proposed Ban, and the proposed Workforce Mobility Act of 2023.
• What does this law and development mean for businesses, and how does it impact employers both with regards to retention and to protecting valued proprietary information?
• A discussion of proactive steps employers can take to ensure that they are limiting access to confidential information to the right people and that there are appropriate nondisclosure agreements in place with key employees and third parties as may be needed.
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As a SHRM Recertification Provider, Gentry Locke is recognized by SHRM to offer 1.00 hour of Professional Development Credits (PDCs) for SHRM-CPSM or SHRM-SCPSM for this day of programming.
This Activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval. This Program has been approved for 1.00 Webinar/Webcast/Podcast recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™recertification through HR Certification Institute® (HRCI®).