Re:White House urges ban on non-compete agreements for many ...
by omouse on Thursday October 27, 2016 @10:44AM
(#12805460)
> If companies had that much leverage we would all work at minimum wage
Yes, we would! And they try really hard to do that.
> I've seen non-competes in contracts with 150k+ compensation. Getting 150k to do something is not coercion, it's an exchange.
When you're generating value in excess of double that amount? It's coercion, you aren't get paid your worth. We've actually seen this with the big tech companies like Intel, Google and Adobe. They kept salaries down for over 4 years so that 150k and a non-compete actually is a huge hindrance and it is coercion.
Yes, we would! And they try really hard to do that.
> I've seen non-competes in contracts with 150k+ compensation. Getting 150k to do something is not coercion, it's an exchange.
When you're generating value in excess of double that amount? It's coercion, you aren't get paid your worth. We've actually seen this with the big tech companies like Intel, Google and Adobe. They kept salaries down for over 4 years so that 150k and a non-compete actually is a huge hindrance and it is coercion.