Hacker News·4 min read·medium
The fine print that follows you out the door: non-compete clauses are spreading
H
hhs
✦AI Summary
A new OECD study reveals that non-compete clauses are increasingly common across various industries and skill levels, far exceeding their original intent of protecting trade secrets. The research highlights that these clauses now frequently affect low-wage workers and those without access to sensitive information, potentially hindering economic mobility.
The prevalence of non-compete clauses is surprisingly high, with adverse consequences for economic dynamism, wages and productivity. This brings into closer focus recent attempts to restrict the use of such clauses in some OECD countries.
businesseconomyeducation
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in