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1. lovich+(OP)[view] [source] 2023-11-18 14:48:27
Do you believe that buffers are a terrible system? Do you think that any significant piece of software could run without a buffer?

If the answer is no, then you should reconsider thinking that garden leave is bad. It’s essentially a buffer that covers the switching cost for agents needing to decide which principal they work for.

If you removed garden leave you’d have a higher up front cost for rational actors who needed to account for the fact that they could lose their income stream at any moment if they were fired

replies(1): >>thsksb+jt
2. thsksb+jt[view] [source] 2023-11-18 17:33:29
>>lovich+(OP)
Non-compete + garden leave = important resources siphoned off the economy [1]

Remove non-competes, then there's no need for garden leave.

If an industry insists it needs non-competes, the dept. of labor could issue exceptions with strong penalties (x3 wages (incld. expected bonuses) for the duration of the non/ -compete, etc)

[1] an argument could be made that the more workers are put on garden leave the better it is for the economy, vis a vis less folks doing damage. Overall, I think the whole fintech industry is a waste of STEM talent. Those physics PhDs could be something beneficial instead, like being a magician at three year old birthday parties.

replies(1): >>ghaff+jz
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3. ghaff+jz[view] [source] [discussion] 2023-11-18 18:04:31
>>thsksb+jt
>strong penalties

Sounds like a great incentive to quit the job and hang out for the duration of the non-compete. If I can make more money by working than not working, I know what I'm doing.

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