The trade off for a non-compete or restrictive covenant is pretty clear: Company will invest in employee, train employee, and expose employee to the market — and employee will not turn around and use all that information and exposure to hurt Company on behalf of a new employer. But what was once reserved for top… More
Non-Compete
Collusion on No-Poaching May Not Be OK
We often encourage companies to have employees sign non-compete and non-solicitation agreements to protect the employer from unfair competition by former employees. Executives at Google, Apple, Adobe, and Intel took this one step further, however, and proactively agreed amongst themselves not to poach employees from each other’s companies. End result– salaries were purportedly artificially suppressed… More