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Olive Branch Chamber of Commerce News
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A Recent Ruling Overturning the FTC’s Ban on Non-compete Agreements: What It Means for Small Business Owners
A recent ruling by U.S. District Judge Ada Brown upheld the legality of non-compete agreements, blocking an FTC rule aimed at banning them.
• Non-compete agreements prevent employees from working for competitors or starting their own businesses within a specified time and area after leaving a job, designed to protect sensitive business information.
• FTC sought to ban these agreements in order to promote fair competition and empower employees to seek new job opportunities without fear of legal repercussions.
• Business groups, including the U.S. Chamber of Commerce, oppose the ban on non-compete agreements, arguing they protect proprietary information, support small businesses’ competitiveness, and promote workforce stability by reducing turnover.
• Small business owners should ensure their non-compete clauses are reasonable and comply with legal standards while also focusing on building a strong company culture to retain talent.
CLICK HERE TO READ THE ENTIRE ARTICLE WITH LINKS TO RELATED ARTICLES
Mentoring High Achievers: A Guide for Small Business Owners
- Foster a growth mindset in high achievers by sharing stories of failure as a learning tool and encouraging them to face hypothetical leadership challenges.
- Develop emotional intelligence in leaders through regular feedback sessions, focusing on understanding their own and others’ emotions.
- Expand networks and influence by introducing high achievers to new contacts, encouraging participation in industry events, and employing the “24/7/30 model” for follow-ups to build lasting relationships.
- Use these strategies to mentor top performers effectively, driving innovation and excellence in your business while fostering an environment that promotes growth, resilience, and leadership.
CLICK HERE TO READ THE ENTIRE ARTICLE WITH LINKS TO RELATED ARTICLES
Mississippi Job Search Website
Are you looking for a job in Mississippi?
If so, click here and visit Mississippi’s College Graduate Jobs website listing thousands of available positions.
(Some of them may not require a college degree, so it is worth checking out. In the search box, type in the City you desire to check, or if you are city-flexible, then type in a specific type job search for the whole state.)
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