New York’s governor vetoed a bill days before Christmas that would have banned noncompete agreements, which restrict workers’ ability to leave their job for a role with a rival business.
Gov. Kathy Hochul, who said she tried to work with the Legislature on a “reasonable compromise” this year, called the bill “a one-size-fits-all-approach” for New York companies legitimately trying to retain top talent.
“I continue to recognize the urgent need to restrict non-compete agreements for middle-class and low-wage workers, and am open to future legislation that achieves the right balance,” she wrote in a veto letter released Saturday.
The veto is a blow to labor groups, who have long argued that the agreements hurt workers and stifle economic growth. The Federal Trade Commission had also sent a letter to Hochul in November, urging her to sign the bill and saying that the agreements can harm innovation and prevent new businesses from forming in the state.
Cute how she’s being likely being paid under the table by some lobbyists that benefits from said non-compete agreements. And even if not under the table, it’s likely under the form of campain contributions, etc. Politics and capitalism mixed together brings the worst in both.
Nobody in their right mind would elect to veto something giving more rights to the working class without having some personal interests on the line.
“I’m just asking questions!”
If you don’t understand the power that words hold then maybe don’t use them with such conviction.
Here is a source for you.
We are a oligarchy
I understand what lobbying is, but thank you for the info. This doesn’t relate specifically to this person, though. OP says they are likely taking money and i asked for a reason to suspect this person in particular unless the argument is just “they all do it” in which case it wouldn’t be “likely”.
From this photo, this woman looks like the baddie from Men In Black 2.
Non-competes for top tier jobs make sense, as the company invested a lot of money into the person and it wouldn’t be fair to have them poached for no cost by a rival. All tech companies make software engineers sign non-competes.
as the company invested a lot of money into the person and it wouldn’t be fair to have them poached for no cost by a rival.
They are employees, not indentured servants.
The financial risk should be on the corporation, and not on the employee. Corporations are the ones that are going to make the most money, between the two.
So what else was in the bill that got it vetoed? They always hide some egregious nonsense in bills like this so if it gets vetoed they can point the finger and create outrage.
Nothing that I can see. Read the bill.
https://www.nysenate.gov/legislation/bills/2023/S3100/amendment/A
/u/Lev_Astov@Lemmy.world didn’t even make it to the third paragraph of the article, I don’t think that they’ll read the bill.
She states it in the article. She believes companies have a “right” to retain high end labor. This bill just straight up bans non compete agreements which would make it harder to retain well trained, experienced, professionals.
That said. Why in the fuck love did we ever decide it was okay to threaten someone’s livelihood for leaving a job? I don’t care how highly trained you are. Non competes are anti-competitive in nature. They should have never been allowed.
You picked the wrong side, Governor.
