5 ms·
I feel like the solution is to force the company to pay full TC (average of previous years + inflation or something?) for the duration of the noncompete.
by infairverona 3y ago
I feel like the solution is to force the company to pay full TC (average of previous years + inflation or something?) for the duration of the noncompete.
- arrrg 3y agoIn Germany non-competes have a max duration of two years and compensation has to be at least 50%.
- caskstrength 3y agoLiving two years on half the salary sucks though.
- ghaff 3y agoRealistically though, you're never going to have a system where it's generally more attractive financially to spend a couple years on the beach than to keep working. That's a perverse incentive. But, yes, that's the thing with gardening leave. There are certainly some people who would be fine with taking a year off at significantly reduced pay--but not the majority.
- F-W-M 3y agoIt's a great start into freelancing though. They have to pay you 60% of your former salary upto 110% of it.
- caskstrength 3y agoYou know what would be even better? Them paying you 100% of your salary while you are freelancing ;)
- vgatherps 3y ago> I feel like the solution is to force the company to pay full TC (average of previous years + inflation or something?) for the duration of the noncompete. It absolutely has to be something like this at a bare minimum. The whole "We pay full base" argument is nonsense when the TC is multiples of base.
- lordnacho 3y agoBut bonus depends on how the team did plus individual perf... politics. How do you establish what the person would have gotten paid?
- snovv_crash 3y agoTake the average over the last years? If the employer doesn't want to pay that then the employee can always go work for a competitor, right?
- eszed 3y agoThat's why he suggested "average of preceding years". Maybe you allow companies to appeal to reduce the amount based on a decline in profits leading to reduced bonuses for employees on identical schemes, but... Meh. If they want to use non-compete clauses I think they should bear that risk. It will make companies think hard about on whom they should impose them, which in my opinion is the point of creating restrictions.
- stephencanon 3y agoRight. They can always release them from the noncompete if they find it onerous.
- michaelmrose 3y agoEven this doesn't work because its often the case that an employee leaves for a higher salary elsewhere. Instead of trying to add epicycles to a stupid system it makes more sense to shit can it. There are about 338 million people who would benefit whereas the people who truly have anything to gain from such a system could all attend an event together.