🚨 National Labor Relations Board’s General Counsel Takes Aim At “Stay-Or-Pay” Contracts ‼️
In Memorandum GC-2501, issued on October 7, 2024, National Labor Relations Board (NLRB) General Counsel Jennifer Abruzzo takes a strong stance against non-compete agreements and “stay-or-pay” provisions. Sometimes referred to as “retention bonuses,” these provisions often bind employees by requiring them to repay bonuses or training costs if they leave an employer within a set…