4 ms·
I think the best system is the non compete bonus. On signing: $2k for the worker and in return there’s a year or whatever noncompete, plus a required notice p
by exabrial 4y ago
I think the best system is the non compete bonus.
On signing: $2k for the worker and in return there’s a year or whatever noncompete, plus a required notice period. The worker can choose to accept or not, or return the bonus if they need to jump quickly.
This works out for everyone: employers can pay for what it’s worth to them, smart employees can invest that money and pocket interest income.
- AnEro 4y agoHow is that still not predatory in the sense that you're then locking your skills related to that industry away for the rest of your/company's life? For what 2000? Personally the skills I have in my industry easily add 10k to 30k to my worth in my late 20's. I don't think any company can afford to make a fair compensation at scale to lock an employee out of working with any competitors aka being in the same industry again.
- olliej 4y agoNo. If a company wants a non compete for X amount of time, the company can pay me for X amount of time. The reason companies are able to be so abusive towards their employees is that they can mandate no compete for any level of employee despite the _vast_ majority of employees having no magical knowledge that company. The result is that an employee can’t move to a higher paying job, and so their current employer can pay them even less.