Tennessee Code Title 50. Employer and Employee § 50-1-211

Current as of January 02, 2024 | Updated by Findlaw Staff

(a) Notwithstanding a law to the contrary, an employer shall not require, request, or enforce a noncompete agreement against an employee whose annualized compensation is less than seventy thousand dollars ($70,000).

(b) As used in this section:

(1) “Annualized compensation” means the total compensation an employee earns from the employer, including wages, salary, commissions, nondiscretionary bonuses, and other forms of remuneration, calculated on an annualized basis; and

(2) Annualized compensation for an hourly employee must be calculated by multiplying the employee's hourly rate by forty (40) and multiplying the product by fifty-two (52).

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Cite this article: FindLaw.com - Tennessee Code Title 50. Employer and Employee § 50-1-211 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-50-employer-and-employee/tn-code-sect-50-1-211/

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