Before you say “yes” to that dream job, you better read the fine print.
Noncompetes, which stop employees from starting their own businesses in the same industry and working for a competitor for a set period after the employment ends, can be devastating, says wedding dress designer Hayley Paige Gutman.
Gutman shared her testimony with a Senate economic policy subcommittee on Monday, three-and-a-half years after the start of a noncompete legal battle with her former employer, JLM Couture, and three months after the U.S. Federal Trade Commission announced a new rule banning noncompetes.
Hayley Paige. Photo by Dia Dipasupil/Getty Images for Runway Heroes
Gutman was not allowed to work in wedding dress
→ Continue reading at Entrepreneur