3 ms·
I think the only thing that will happen in the US is setting some minimum standard for what the employer must pay you during the non-compete period. Right now
by extrapickles 8y ago
I think the only thing that will happen in the US is setting some minimum standard for what the employer must pay you during the non-compete period.
Right now the employer can claim that your severance pay is your consideration for the noncompete period.
Basically, if the non-compete clause actually cost them something, you would only see it in cases where it mattered.
- gaius 8y agoRight now the employer can claim that your severance pay is your consideration for the noncompete period. In cases of layoffs (vs resignation) where severance would be due non-competes are almost always voided. You would only see it if the severance package were substantial.