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"The Democratic governor said last week that she would like to see a compensation cap for such a ban, floating $250,000 as a level above which noncompetes would
by erehweb 3y ago
"The Democratic governor said last week that she would like to see a compensation cap for such a ban, floating $250,000 as a level above which noncompetes would be allowed.
...
State Sen. Sean Ryan, the Buffalo Democrat who proposed the legislation, said a salary cap wouldn’t address all his concerns, including that startups are often unable to launch when prospective employees are bound to previous employers.
Noncompete agreements 'depress wages, increase prices and are really bad for the entrepreneurial part of the economy, Ryan said."