4 ms·
How much pay is given for this? This doesn't really give the desired effect unless the payout amount is guaranteed to be a substantial portion of salary. If a c
by blululu 4y ago
How much pay is given for this?
This doesn't really give the desired effect unless the payout amount is guaranteed to be a substantial portion of salary. If a company can just pay $1/year for a non-compete then it is as good as nothing. In theory an employee can negotiate their contract but in practice it is much harder to do this since it involves lawyers and the power balance of the relationship is fundamentally unequal. Having a blanket ban on non-competes or requiring a significant percentage of compensation is needed to make this work.