NJ S4386

Declares all non-compete clauses void and unenforceable as against public policy, including clauses entered into before the law's effective date, prohibiting employers from restraining former employees from pursuing lawful work

Bans employment terms that impose penalties for leaving a job, including employment promissory notes, replacement hire fees, retraining fees, immigration cost reimbursement, bondage fees, and liquidated damages

Prohibits no-poach agreements between employers that restrict hiring of each other's workers, declaring such agreements void and unenforceable

Requires employers to notify all current employees within 30 days of the law's effective date that any non-compete agreements are void, and to notify past employees with whom they had non-compete clauses upon contact or request

Allows affected employees to bring civil actions for damages including actual damages, punitive damages up to $5,000 per employee, attorney's fees, and injunctive relief, with a two-year statute of limitations; alternatively, complaints may be submitted to the Attorney General or Commissioner of Labor and Workforce Development