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[return to "New York may ban noncompete employment agreements and Wall Street is not happy"]
1. hulitu+p4[view] [source] 2023-11-18 08:58:39
>>pg_123+(OP)
> New York may ban noncompete employment agreements and Wall Street is not happy

I though capitalism (Wall Street) was about competition. /s

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2. eru+J6[view] [source] 2023-11-18 09:17:43
>>hulitu+p4
It's about voluntary contracts, too.
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3. Paul-C+qe[view] [source] 2023-11-18 10:23:42
>>eru+J6
Agreements between parties of vastly unequal power and alternatives are not voluntary.
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4. cj+Wi[view] [source] 2023-11-18 11:02:35
>>Paul-C+qe
If they aren't voluntarily, they wouldn't be enforceable in court.

What you're trying to say is there's limited alternatives. (The most obvious alternative is to not take the job)

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5. Paul-C+dj[view] [source] 2023-11-18 11:05:04
>>cj+Wi
No. What I'm saying is "take a job with a non-compete or starve" is not a situation in which a worker can make a voluntary choice, "enforceable in court" be damned. Not to mention, such agreements are often not stated up front as part of the job description.
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6. cj+ok[view] [source] 2023-11-18 11:15:01
>>Paul-C+dj
I hear what you’re saying, but it’s hyperbole. I think there’s zero percent of you starving over your unwillingness to sign a non-compete.

Pretending like the situation is that extreme isn’t helping anyone.

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7. jounke+Lv[view] [source] 2023-11-18 12:34:08
>>cj+ok
In the USA fast food companies are requiring non competes for burger flippers.
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8. cj+xz[view] [source] 2023-11-18 13:04:13
>>jounke+Lv
I whole heartedly think that burger flippers should not have to sign a non-compete.

But HCE’s who deal with intellectual data (not burgers) all day long? Maybe, maybe not.

The point is it’s a choice to sign these contracts. Not every company makes you sign one. If it’s important to you, ask about it upfront in the interview process so it doesn’t turn into a “life or death” decision after you’ve accepted a verbal offer.

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