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KKR Bans Non-Competes for Lower-Paid US Portfolio Company Staff

Bloomberg Markets·October 9, 2026·1 min read

KKR & Co. has banned non-compete agreements for lower-paid employees at its US portfolio companies. The private-equity firm said the move shows restrictive contracts are not needed to stay competitive. The policy applies to staff below a certain pay threshold across KKR's US holdings, effective immediately.

Read at Bloomberg Markets
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