Taylor C. Morosco ● California’s Assembly Bill (“AB”) 692 took effect on January 1, 2026, significantly limiting the use of commonplace “stay-or-pay” clauses in offer letters and agreements, which require employees or prospective employees to repay certain costs if their employment ends. AB 692 underscores California’s commitment to limit the use of contractual provisions restricting or … Continue reading “California’s AB 692 Reins in “Stay or Pay” Provisions in California Employment Agreements”
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