In all cases where I was presented with an unreasonable non-compete, I either negotiated it away or scratched it out before signing. I know not everyone has that luxury, but if your BATNA is signing, it's worth a shot.
Easier to do when there's paper to scratch.
The fine print that follows you out the door: non-compete clauses are spreading
31–40 of 68 posts
Re: The fine print that follows you out the door: non-compete clauses are spreading
#32Earlier quoted context omitted.
why are you on facebook?
Rather than asking him the question of why in a simple rudimentary form, give the guy motivation to quit facebook instead. Facebook employs guilt tactics about people they know to get them to stay, and if they quit, they're likely to go back because of in person connections. By sounding condescending, the person you're replying to is likely to justify staying rather than quitting.
Re: The fine print that follows you out the door: non-compete clauses are spreading
#33Earlier quoted context omitted.
why are you on facebook?
i have an account from when i was a teenager that i sometimes use to talk to family. why do you ask? based on my anecdote we are all tracked by facebook, whether or not we are on facebook.
I am not sure how your anecdote would show you are all tracked by Facebook even if you aren't on facebook; you only received recommendations for people to friend on facebook because you are on facebook. I am not on facebook, so i have never had facebook recommend anyone to me.
Re: The fine print that follows you out the door: non-compete clauses are spreading
#34I don’t even negotiate these clauses I just have so much assurance the state is going to throw out the case that I just let the client shoot themselves in the foot, and silently get invested in seeing which other ways they’ll mess up
Re: The fine print that follows you out the door: non-compete clauses are spreading
#35Earlier quoted context omitted.
i have an account from when i was a teenager that i sometimes use to talk to family. why do you ask? based on my anecdote we are all tracked by facebook, whether or not we are on facebook.
It was confusing hearing that Facebook was recommending people to you when you made it sound like you were choosing to opt out of those things. I am not sure how your anecdote would show you are all tracked by Facebook even if you aren't on facebook; you only received recommendations for people to friend on facebook because you are on facebook. I am not on facebook, so i have never had facebook recommend anyone to me…
Re: The fine print that follows you out the door: non-compete clauses are spreading
#36Non-competes in finance almost always come with compensation during the defined period. The idea that a company can restrict at-will employee’s post-separation employment is absurd if they aren’t compensating the individual. In many US states and countries outside the US, the enforcement of non-competes is very very hard. The problem is that they create a RISK of enforcement.
If there's a market-dominating company, and execs are allowed to leave said company, start a competitor, get some investor dollars behind them, then start poaching employees from the old company, the market can have a really viable competitor quite quickly.
Without that ability, little monopolies spring up throughout the economy and use their size to crush upstarts, under-compensate their employees, overcharge their customers, and squeeze their suppliers.
Banning non-competes is an absolute requirement for free-market capitalism to function properly.
Re: The fine print that follows you out the door: non-compete clauses are spreading
#37Re: The fine print that follows you out the door: non-compete clauses are spreading
#38Re: The fine print that follows you out the door: non-compete clauses are spreading
#39Story time for NC's. I had a doctor that lived near me working at a medical clinic that got bought up by PE. He signed the new contract with them and kept working for a while, but decided he needed to move for one reason or another. After he quits, PE informs him of the NC in the new contract he signed, and that he wouldn't be able to practice medicine for N years (I think it was something like 5). He ended up hangin…
FYI - there are already a few states that don't allow companies to enforce such draconian noncompetes. Moving to California is better than killing yourself most of the time.
Re: The fine print that follows you out the door: non-compete clauses are spreading
#40Earlier quoted context omitted.
why are you on facebook?
i have an account from when i was a teenager that i sometimes use to talk to family. why do you ask? based on my anecdote we are all tracked by facebook, whether or not we are on facebook.