Virginia’s Non-Compete Wage Cap Increase in 2024
On January 16th, Virginia implemented significant changes to non-compete agreements, particularly for low-wage earners. Under this law, these agreements cannot be enforced for employees earning below the updated annual salary threshold of $73,320, or an average weekly wage of $1,410. In light of this change, employers are urged to review their post-employment agreements and non-compete …
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