KKR Bans Non-Competes for Lower-Paid US Portfolio Company Staff
KKR & Co. has prohibited non-compete agreements for lower-paid employees at its US portfolio companies, aiming to show that the restrictive contracts aren’t needed for firms to remain competitive.
By Allison McNeely · Bloomberg Markets
KKR & Co. has prohibited non-compete agreements for lower-paid employees at its US portfolio companies, aiming to show that the restrictive contracts aren’t needed for firms to remain competitive.