It’s important to note the difference between non-solicitation and non-compete agreements. One is about trying to contact customers of the business while the latter is about competing for a rival business. This could also mean a business you start yourself. Typically a non compete ceases to exist once you are let go from a company. Some state laws can vary on this and you’ll have to do research. Contacting the company and asking questions about your agreement can go a long way.
Key Takeaways:
- Non-solicitation and non-compete agreements may protect a company and it’s assets, but seldom offers anything for the employee.
- Each state may offer a different interpretation in how an employee may seek a new job that could fall under one of these agreements.
- When seeking a new job, it is ok to reach out to the former company these agreements are with to determine if there are exceptions or other options available.
“Look carefully at your restrictions and see if there is something you’re allowed to do that would keep you in your industry but allow you to still comply with the agreement.”
Read more: https://www.hrbartender.com/2020/career-development/new-job-non-compete/
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