Earlier quoted context omitted.
And of that 50% are grabbed by the taxman.
But the service you get from German government is so much better, healthcare is a good example here.
That's paid on top of tax. Otherwise, I agree.
Send Noncompete Agreements Back to the Middle Ages
171–180 of 242 posts
Re: Send Noncompete Agreements Back to the Middle Ages
#172Earlier quoted context omitted.
In states that presently discourage non-competes, employers could easily offer parting employees a "stay at home" wage of say one third salary, yet they do not. Which implies they do not value non-competition anywhere near what the employee does. In general it's impossible to put a price on an unworkable concept. Attempting to do so just adds token compensation as a fictional justification for the existing problems.
Massachusetts now has 50% garden leave. But it’s not a panacea. Some see that and go where can I sign up. But the reality is that, for a lot of people, hanging out and maybe doing some side stuff for a year for half their former base pay isn’t a great or even practical option.
Sadly, it doesn't apply to NCAs signed before the new law.
Re: Send Noncompete Agreements Back to the Middle Ages
#173Re: Send Noncompete Agreements Back to the Middle Ages
#174Really the problem is the laws themselves are basically embezzling. The government is paying to make society worse for the benefit of wealthy actors. In no world does that make sense - it is corruption plain and simple.
Like other such laws the beneficiaries should be told to go fuck themselves as a matter of good management alone.
Re: Send Noncompete Agreements Back to the Middle Ages
#175I've had non competes at my last 3 jobs (all in web hosting) The first, a darling "startup" adored by investors and customers alike sued me twice, sent a process server to my door at 6am on a saturday and tried to call me in for a deposition the afternoon of Christmas eve. They regularly win company culture awards and receive undeserved praise for being a place people can grow. I had a chance to grow from IC to VP an…
What does the process server say? They are so glamorized in TV shows, lime Suits where they deliver a Chinese takeaway!
He said "I'm sorry, I know this is disruptive" as my two small children cried behind me, unsure why someone had banged on the door so early in the morning.
Re: Send Noncompete Agreements Back to the Middle Ages
#176I've had non competes at my last 3 jobs (all in web hosting) The first, a darling "startup" adored by investors and customers alike sued me twice, sent a process server to my door at 6am on a saturday and tried to call me in for a deposition the afternoon of Christmas eve. They regularly win company culture awards and receive undeserved praise for being a place people can grow. I had a chance to grow from IC to VP an…
I'm glad that you had a good experience with GoDaddy; I also used to work there, I think they've done a really good job of turning the culture around and making the place better.
It's a wonderful place to work.
Re: Send Noncompete Agreements Back to the Middle Ages
#177Earlier quoted context omitted.
The German dev gets paid 25% of the US dev salary though.
+ pension + healthcare + mandatory 20 vacation days + max. 48h workweeks + mandatory 30 days notice period + better social security net and i dont need a gofundme page in case someone in my family gets cancer ...
You forgot +$400,000 per kid for university education - not to mention public school quality.
Re: Send Noncompete Agreements Back to the Middle Ages
#178Re: Send Noncompete Agreements Back to the Middle Ages
#179Earlier quoted context omitted.
The German dev gets paid 25% of the US dev salary though.
And of that 50% are grabbed by the taxman.
The tax rate in the US gets pretty close to 50% when all the municipalities take their cut. If you're in Silicon Valley, most devs are going to be paying a 41%-44% tax rate just from federal and California income tax. Then you've got any local taxes, land taxes, etc that add onto that
Re: Send Noncompete Agreements Back to the Middle Ages
#180Earlier quoted context omitted.
60%? Forget that. Why should anyone give up their right to work for a little over half of their market value? There is no excuse for allowing less than 100% compensation, and that should include not just salary, but projected bonuses.
60% is a nice balance that leaves both sides unhappy. Which means that non-competes will be used sparingly; only in cases where it really means something. Sounds pretty smart to me.
If a wolf and a sheep are having a discussion over what to eat, is letting the wolf eat only 1 or 2 legs a nice balance because both sides are unhappy?
Should one side be made happy when they have an unreasonable ask?
If companies do not want you to work for competitors, they should be paying your salary for that time. Employees still lose out on things like keeping their skills sharp through work, or career growth, but they are at least getting compensated for the job