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5 Bonus Plan Compliance Issues In Financial Services

By Timothy Domanick, Angela Rho and Tyler White ( November 24, 2025, 4:31 PM EST) -- Beginning Jan. 1, A.B. 692 goes into effect, making it unlawful for California employers to include certain debt repayment terms in employment contracts if the employment relationship ends. This law effectively bans employment contracts that restrain a person's ability to engage in a lawful profession, trade or business by prohibiting so-called stay-or-pay contracts....

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