In a lot of industries you will end up with client contact information, IT support at an MSP for example.
Having a non-compete so you can’t work in the industry for X months at all? Bad
Having a non-compete so you can’t quit, start your own business and poach clients straight away? I view that as fair.
Guess which one looks of companies try and get away with.
faintwhenfree@lemmus.org 3 days ago
I don’t know about a lot of industries, but in finance, having a non-compete at least for a few weeks is essential as of your trading positions are known to your competitors, you end up losing quite a lot. I know it’s one giant asshole protecting itself from another giant asshole, but at least I know that usecase is justified.
Cort@lemmy.world 3 days ago
I sincerely appreciate you taking the time to reply, but I really think that situation could be covered by an NDA instead of a non-compete.
Let the employers sue/arbitrate if they think the NDA is broken.
Meron35@lemmy.world 3 days ago
A few weeks? Try at least 12 months for quant finance.
The UK thankfully banned this crap.