Unlocking Potential: How Eliminating NCAs is Transforming Facility Management
The facility management industry is undergoing a significant shift as the use of non-compete agreements (NCAs) comes under increased scrutiny, particularly following the FTC's ban on such clauses. This move away from restrictive contracts is driven by a recognition that NCAs stifle innovation, hinder employee satisfaction, and ultimately harm the industry. By eliminating NCAs, facility management companies can foster a more dynamic and collaborative environment, encouraging the free flow of ideas, attracting top talent, and boosting employee retention. While concerns about protecting proprietary information exist, alternative strategies like confidentiality agreements, building a strong company culture, and investing in employee development offer effective solutions, paving the way for a more competitive and innovative future for the facility management sector.
Read the full article at IFMA.org.