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The main argument for non-competes comes from banking/professional services (thinks accountants or lawyers). It's to stop you taking all your clients with you w
by anon98356 6y ago
The main argument for non-competes comes from banking/professional services (thinks accountants or lawyers). It's to stop you taking all your clients with you when you jump ship. It's typically only enforced for partners or really senior managers and the theory is, it allows the company time to cement their relationship with the client while you're out of the market.
I have often seen it enforced as, you can go (after your notice period/gardening leave) but you have to stay away from a set of clients for the period of your non-compete.
- PeterisP 6y agoThat's a reasonable argument, however, without strict legal restrictions that gets stretched as far as fast food employees being prohibited to go work at another restaurant, which is ridiculous on one hand and very understandable on the other - they have little bargaining power to refuse the clause, and a non-compete means they'll be less likely to leave so it allows the employer to keep wages low.
- stevage 6y agoUsing a non-compete for that is overreaching. You could simply ban that much more specific behaviour you're trying to prevent.
- ghaff 6y agoYes, companies can have non-solicitation agreements which are IMO quite reasonable so long as they cover a reasonable time period and AFAIK are generally enforceable.