Prohibits non-compete clauses.

This New Jersey bill prohibits non-compete clauses for most workers (non-senior executives, defined as those earning under $151,164 annually), banning both new clauses and the enforcement of existing ones. Employers must notify affected workers in writing within 30 business days of the bill’s effective date that non-compete clauses cannot be enforced. For senior executives (earning $151,164+ annually), the bill only prohibits new non-compete clauses and enforcement of clauses entered after the effective date, without affecting existing clauses for this group. The bill does not change other employment terms or benefits.