3 ms·

Wow that is some BS

• loeg 4y ago
  It's similar in Washington. If you make less than $116k, no non-competes. Otherwise, get fucked. https://lni.wa.gov/workers-rights/workplace-policies/non-compete-agreements https://lni.wa.gov/workers-rights/workplace-policies/non-com...
  • nceqs3 4y ago
    How dare quants get paid $5m to sit on their couches for two years after leaving their firms! Congress must act!
    • closeparen 4y ago
      Non-competes that pay you at or near your salary during garden leave are a different thing. The bog-standard non-compete in a normal SWE or IT position prohibits you from making a living at all.
    • loeg 4y ago
      The standard and legal minimum for WA employers is no compensation for the non-compete period. Also, the vast majority of workers that make more than $116k do not make $5 million annually, either before or after leaving their non-compete employer.
      • nceqs3 4y ago
        It would be 2.5 a year. Non competes are 2y across all of finance.
    • jen20 4y ago
      Gardening leave and non-competes are not the same. I doubt anyone feels any affronted by gardening leave.