non-compete clauses
Job-switching legal barriers
Non-compete clauses are contractual provisions that restrict a person from working for competitors or starting a competing business after leaving employment.
They typically specify a time period and geographic area: The non-compete clause prevented her from joining any rival firm for two years.
Courts vary widely in how they enforce these restrictions, with some jurisdictions finding them unenforceable as restraints on trade.
- restrictive covenantContractual limit on property rights
- statutory lawLegislature-made legal rules
- jurisdictionLegal authority's scope
- case lawJudge-made legal doctrine
- trade secretsProtected commercial knowledge
enforceability · legal precedent · arbitration · power imbalance · injunction · consideration · mutual agreement · breach of contract · employee retention · golden handcuffs · business strategy · moonlighting · severance · garden leave · cooling off period · confidentiality agreement · poaching · loophole
- job barriersageism, sexism, racism, glass ceiling, gender bias
- labor rightsworker rights, labor laws, union rights, employee rights, right to strike
- employment lawemployment law, employment contracts, employment contract, employment standards, employment agreement
- business lawbusiness law, commercial law, corporation, commercial code, S corp
- executive contractsseverance packages, golden parachutes, stock options, signing bonuses, employment terms
- trade restrictionsRPM, price fixing
non-compete clausesconfidentiality agreements
Binding promises of secrecy