Saturday, October 30, 2010

HR: Non-Compete Agreement

A non-compete agreement is a document signed by an employee agreeing that, should the employee choose to leave the company, he or she will not work for a competitor for a specified period of time. Non-competes are used when employees have access to critical information. The legality of non-competes depend on state laws, the scope of the restrictions, and precedents set in court decisions.

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