Earlier quoted context omitted.
There are places for noncompetes. And that is only when you are dealing with very, very high compensation. If you are paying someone enough money that they could live on for the rest of their life comfortably, then you can reasonably expect them to sign a non-compete. But don't have the gall to expect someone to sign a non-compete for a market wage.
But even a non-compete for a sufficiently high compensation needs to be sufficiently limited that it only prevents infringement of company specific intellectual property. You couldn't reasonably expect me as VP of a specific type of eCommerce company to not jump ship and go be the VP of a different type of eCommerce company. For example: Would it be fair to prevent the CTO/CIO of Google jumping ship and going to be C…
Re: Send Noncompete Agreements Back to the Middle Ages
#241If you pay me $100 million to sign an agreement to never work in another job in my field, I could live with that and would have no right to complain otherwise if I signed it.