Lauren Weber

speaker

740 appearances 12 recordings 1 series first heard Jul 2017 last heard Dec 2024

Lauren Weber’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Are Noncompete Clauses On the Way Out? · 22 Jul 2021 podcast

And many people say that's partly why Silicon Valley developed in California was because talent was able to move around.

That meant ideas were able to move around.

There was no limit on somebody who was, say, trained by a big technology company leaving and starting their own startup with some great idea they had.

So there are a lot of arguments that non-competes hold back innovation.

But California is kind of the exception.

Most states basically have some limitations, but leave it up to courts to make a lot of these decisions.

Yeah, President Biden wants to rein these in.

And that's been, non-competes have been a target for a long time of many worker advocates.

And, you know, he's basically saying this is part of a pro-competition order where he wants to improve competition for businesses, but also for workers and give workers the ability to move around freely, which also means they have more ability to raise their wages because often people will get a bigger bump in their

salary or income when they switch jobs.

So he's basically asked the Federal Trade Commission to take a look at non-compete rules and set some limits on them.

He also said they could consider an outright ban, but all the people I spoke to, lawyers, legal scholars, they don't expect the agency to put an outright ban on these, but they do expect there to be some limits, whether perhaps by income or the duration of the non-compete or perhaps the geographic radius.

WSJ Your Money Briefing · Workers Exhaust Paid-Leave Time as Pandemic Stretches On · 27 Oct 2020 podcast

Well, one of the issues with all of these leave programs is that I don't think anybody expected back in March we'd still be in this situation here in the fall. matched

Thanks for having me. matched

Yeah, there is a real patchwork of programs that employees can use to take time off. matched

Among them are just your regular sick days or vacation days that your employer might provide. matched

There's also short-term disability. matched

If you get sick at work, you can apply for that. matched

Most employees are covered under that, those programs. matched

There's the Unpaid Family and Medical Leave Act, which provides time off for family or your own illnesses. matched

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