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Basically, non-compete agreements allow corporations to become complacent and lazy. They don't have to worry about their competition getting their employees an
by mdasen 18y ago
Basically, non-compete agreements allow corporations to become complacent and lazy. They don't have to worry about their competition getting their employees and the knowledge they hold so they don't have to be as vigilant about improving their product. It also means that employers don't have to compensate their employees (monetary or otherwise) as nicely since the employees don't have another option.
On the flip side, it breeds an environment where employees do just the minimum to get by because they aren't likely to be rewarded by their own firm and proof of good work won't help them get another job because of the non-compete.
- DenisM 18y agoIn other words non-competes are bad for economy, just like slavery is bad for economy. The similarity is more than skin-deep.