Olive Branch Chamber of Commerce News
Olive Branch Community Economic Summit & Business Expo
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.
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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.
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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.)
EAP Services Discounted to Members
What you get
- Confidential Counseling
- 24-Hour Crisis Telephone Response
- Individual, couple and family counseling
- Referral, Follow-Up and Case Management Services
- Supervisor/Mandatory Referrals
- And more
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