Archive for stay-or-pay

California Bans “Stay-or-Pay” Employment Agreements

California’s hostility to non-compete agreements is well known among employers and employees.  But now, with Governor Newsom signing AB 692, California has gone even further – now banning most “stay-or-pay” agreements that are signed on or after January 1, 2026. A “stay-or-pay” agreement requires an employee to pay the…