4 ms·
At a previous company I had to sign a fairly stringent non-compete, but attached to it was the constraint that if the firm chose to enforce the non-compete, the
by andrewla 8y ago
At a previous company I had to sign a fairly stringent non-compete, but attached to it was the constraint that if the firm chose to enforce the non-compete, they had to compensate 100% of the salary for the time that they chose to enforce it (up to one year).
This was still not perfect, since the non-salary compensation at finance firms is a non-trivial portion of total compensation, but in my mind should be the minimum required by law for a non-compete agreement.