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[return to "New York may ban noncompete employment agreements and Wall Street is not happy"]
1. mzi+I7[view] [source] 2023-11-18 09:25:12
>>pg_123+(OP)
In Sweden all non-compete clauses that has been challenged by a court has been thrown out. Unless they have been backed by compensation. Too few cases has been tried to establish a floor for this compensation, but numbers thrown around indicate that you should be prepared to pay around 60-80% of the salary during the non-compete period.
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2. paulgb+e8[view] [source] 2023-11-18 09:31:29
>>mzi+I7
On Wall Street it is typical to get full salary for the non-compete period, but in some cases that may be a modest fraction of total compensation including bonus/other incentives.
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