AB 692: California’s New Restrictions on “Stay-or-Pay” Agreements

California’s employment law landscape is evolving, with Assembly Bill (AB) 692 leading the way. This new law bans “stay or pay” terms in employment contracts, which require employees to reimburse their employers for certain costs when they leave their jobs. AB 692 will impact retention and hiring bonuses, relocation reimbursement agreements, and many other agreements that require employees to repay expenses upon termination. Join this webinar for an overview of the prohibitions and limitations of the new law, as well as practical compliance pointers.