"Non-compete"
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wrote on 13 Jan 2023, 17:18 last edited by
@Mik said in "Non-compete":
They're mess. I got sued by one employer because I would not sign one.
As an employee you got sued?
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This is where California shines. Short of you opening up a competing business close to your former employer, the state of California generally frown upon non-compete clauses in employment agreements. My Silicone Valley friends like to boast how easy it is to quit one company to take another job with another employer across the street in the same business.
wrote on 13 Jan 2023, 18:06 last edited by George K -
wrote on 13 Jan 2023, 19:28 last edited by
On Wall Street they call it “gardening leave”, and it’s usually only a few months. The idea is if you’re working on particular deals they don’t want you to take that knowledge to a competitor. After a few months the deals are done or dissolved, so it’s never been that long. Most people I knew loved the enforced break, and new employers expected it.
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This is where California shines. Short of you opening up a competing business close to your former employer, the state of California generally frown upon non-compete clauses in employment agreements. My Silicone Valley friends like to boast how easy it is to quit one company to take another job with another employer across the street in the same business.
wrote on 13 Jan 2023, 19:56 last edited by@Axtremus said in "Non-compete":
This is where California shines.
That depends on whether you are the winner or loser on this question.
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wrote on 13 Jan 2023, 20:39 last edited by
In my area, a non-compete clause could prohibit you from working within a 15 mile (or larger) radius from the place that holds the contract.
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wrote on 21 Aug 2024, 16:40 last edited by
Judge strikes down FTC ruling. Non-competes are back.
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wrote on 21 Aug 2024, 17:04 last edited by
Ugh! Hope my previous employer doesn't come after me
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wrote on 21 Aug 2024, 17:07 last edited by
@89th said in "Non-compete":
Ugh! Hope my previous employer doesn't come after me
That's why I kept changing countries. Sharing my invaluable expertise with the world was far more important than the petty concerns of national and commercial tribalism. I am a martyr to knowledge!
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wrote on 21 Aug 2024, 17:25 last edited by
Yes. I'm pretty sure you'd die for some.