4 ms·
No need to ban it. Just automaticly award full salary for 2x the noncompete period they put in your contract, payable in full a week after contract termination.
by paulus_magnus2 2y ago
No need to ban it. Just automaticly award full salary for 2x the noncompete period they put in your contract, payable in full a week after contract termination.
- callalex 2y agoSuddenly your salary is $1/yr and your bonus is $1M/yr. (This really happens in the USA financial sector.)
- AgentOrange1234 2y agoEmployees won’t tolerate that due to not being able to get mortgages? Our megacorp recently upped base salaries due to this.
- Dr_Birdbrain 2y agoEmployees definitely tolerate this. As said above, this already happens in industry, and also for many years Amazon used to cap salaries at some hilariously low number—I think like 180k. That may not seem low until you try to buy a house in the Bay Area and lenders laugh in your face. People would either be part of a two-income household or wait for their stock to vest, but for many years they tolerated it fine.
- tekno45 2y agoCan't you count bonuses that are consistent for two years?