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50% is a huge paycut. Most people won't voluntarily accept that, so it's hardly an adequate protection. For what it's worth, in states that do require compensa
by dunpeal 8y ago
50% is a huge paycut. Most people won't voluntarily accept that, so it's hardly an adequate protection.
For what it's worth, in states that do require compensation for non-competes, that compensation is typically about the same as the base salary, i.e. at or close to 100%.
- bhandziuk 8y agoBut it is a heck of a lot of money if you want to get a job in another sector for a period of time.
- bluecalm 8y agoIt's a huge pay cut but you're not working. You have tons of time to do something else while collecting money. It's a very sweet deal.
- r00fus 8y agoExactly. Setup a consultancy and go do stuff that's out of your non-compete zone. Or just chill and take time off / spend with family. Maybe see the world?