4 ms·
How does 25% of your salary "sum up" 18 months pay for 18 months non-compete?
by drstewart 5y ago
How does 25% of your salary "sum up" 18 months pay for 18 months non-compete?
- mkl95 5y ago25-75% of your salary every month, until the clause expires. So if you were making $100k a year you are getting $25-75k a year until it expires.
- kyleplum 5y agoIt's something but honestly anything less than 100% is not great though. You can't easily go from living on 100k a year to 50k or less. It's still fulfilling the purpose of being an unfair deterrent from finding employment elsewhere.
- mkl95 5y agoI had one of those clauses myself and I knew it was bull before I signed it. I have only seen it enforced once in the wild, to prevent a CEO from creating a competing company for a couple of years.