Prohibits non-compete clauses.

This bill bans most non-compete clauses in New Jersey employment contracts, directly affecting workers and employers. It prohibits employers from requiring, enforcing, or claiming that non-compete agreements apply to workers who are not senior executives (defined as those earning under $151,164 annually). Employers must notify affected workers within 30 days of the bill’s effective date that existing non-compete clauses cannot be enforced. The ban applies to all workers except senior executives, though these high-earning employees may still face non-compete terms under specific conditions. The bill also prohibits "no-poach agreements" between employers that restrict hiring.