3 ms·
Do you believe that buffers are a terrible system? Do you think that any significant piece of software could run without a buffer? If the answer is no, then yo
by lovich 3y ago
Do you believe that buffers are a terrible system? Do you think that any significant piece of software could run without a buffer?
If the answer is no, then you should reconsider thinking that garden leave is bad. It’s essentially a buffer that covers the switching cost for agents needing to decide which principal they work for.
If you removed garden leave you’d have a higher up front cost for rational actors who needed to account for the fact that they could lose their income stream at any moment if they were fired
- thsksbd 3y agoNon-compete + garden leave = important resources siphoned off the economy [1] Remove non-competes, then there's no need for garden leave. If an industry insists it needs non-competes, the dept. of labor could issue exceptions with strong penalties (x3 wages (incld. expected bonuses) for the duration of the non/ -compete, etc) [1] an argument could be made that the more workers are put on garden leave the better it is for the economy, vis a vis less folks doing damage. Overall, I think the whole fintech industry is a waste of STEM talent. Those physics PhDs could be something beneficial instead, like being a magician at three year old birthday parties.
- ghaff 3y ago>strong penalties Sounds like a great incentive to quit the job and hang out for the duration of the non-compete. If I can make more money by working than not working, I know what I'm doing.