What You Need to Know
- The company is banning nondisclosure clauses and most noncompete agreements for U.S. employees.
- It also will begin providing pay ranges in salary postings and will launch a racial-equity audit.
- The moves come as corporate America faces heightened pressure from employees, shareholders and lawmakers.
Microsoft announced this week that it is adopting a slate of employee-friendly policies, wiping out a variety of controversial practices, including requiring noncompete agreements in U.S. employment agreements and nondisclosure clauses in settlement and separation agreements with U.S. workers.
The Redmond, Washington-based tech giant also said it will publicly disclose salary ranges for U.S. job postings, starting in January. In addition, it will conduct a civil rights audit of its workforce to determine whether its practices cause or perpetuate discrimination.
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https://www.law.com/corpcounsel/2022/06/10/as-reform-pressures-mount-microsof...