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No. What you're proposing only partially addresses one aspect of the issue: the financial fairness to the (no-longer-)employee. It actually doesn't even manage
by dataflow 3y ago
No. What you're proposing only partially addresses one aspect of the issue: the financial fairness to the (no-longer-)employee. It actually doesn't even manage to do that very well -- because employees can't advance their careers, learn new skills, and get promotions/raises when they're unemployed. So they're still falling behind compared to someone who is employed.
Beyond that, it fails to account for all the other harms of non-competes -- such as the emotional toll it takes on that person (having no work to do is not something everyone considers a blessing at every point in their life), as well as the damage it inflicts on the rest of society as a whole.
- kodah 3y ago> because employees can't advance their careers, learn new skills, and get promotions/raises when they're unemployed I think an employee could, just not in that industry. In software that's relatively easy, I switch between two different fields and industries every other job. I'd be curious about adjacent fields for engineers working on tires like in GPs example.
- bitwize 3y agoI think meaningful work is at least as important to the brain as Omega-3s. My father started experiencing memory issues after retiring, but then he took up some part-time engineering contract work and the memory issues went away. My mother sank into deep depression after retiring... and not long after that, the dementia started setting in.
- nine_k 3y agoIt's so much easier to find an occupation that consumes your mental energy if you don't have to think about earning money for some time!
- vegetablepotpie 3y agoI think the whole point is to call the bluff. If it’s really valuable IP that they protecting with a non-compete, then it would be worth it to pay someone a mandatory vacation upon leaving. But how often are non-compete clauses really meant to protect IP? Most of the time it’s a tool to depress wages, they know it, we know it, they know we know it. No one is being fooled here that’s all it is. If you put a price on non-competes, they will go away.
- JohnFen 3y ago> But how often are non-compete clauses really meant to protect IP? I would venture never. Or nearly never. A noncompete is a terrible way to protect IP.
- dataflow 3y ago> If you put a price on non-competes, they will go away. Unless they calculate that competition would have a higher price, in which case, they might not go away for everyone.
- deleted 3y ago[deleted]
- roenxi 3y agoPaying someone not to work is a complete waste of resources. This isn't an area where people should be trying to come up with clever rules-lawyer contracts - someone able & willing to work sitting around not doing something is a huge waste for society, the person and whoever needs the work done. It is probably going too far to ban the practice all-together, but no company should ever have the ability to stop someone from taking a job at a different company, today, if the pay is right. No union either for that matter, although that is a more controversial stance.