4 ms·
I have never seen Gardening Leave used in this manner. Usually (and I know this from personal experience) if you are senior enough you have a notice period of
by drevil-v2 6y ago
I have never seen Gardening Leave used in this manner.
Usually (and I know this from personal experience) if you are senior enough you have a notice period of 3-6 months and under normal circumstances you are expected to do a proper handover before leaving. Sometimes they don't want you to come in to the office or have access to the corporate network/data but they still want access to you in case they need it.
Non-competes are usually 18-24 months and I don't think anyone is going to pay that for you to sit on your butt.
- piva00 6y agoNot in the US but in Sweden a NCA is enforceable only if the employee is being paid (up to 60% of the former salary) during the whole period of the NCA that can last up to a maximum of 18 months.
- derivativethrow 6y agoTwo Sigma regularly pays people 12 - 24 months to do nothing after they leave in lieu of them taking an offer with anothing trading firm, if they were working in strategy or research roles.
- psanford 6y agoMy understanding of gardening leave mostly comes from how Matt Levine talks about it: https://www.bloomberg.com/opinion/articles/2019-08-28/take-the-gardening-leave https://www.bloomberg.com/opinion/articles/2019-08-28/take-t...