HomeMarket Watch PostMarket WatchI’d love to accept a new job opportunity in my field. If I signed a non-compete agreement, am I stuck at my company forever?
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I’d love to accept a new job opportunity in my field. If I signed a non-compete agreement, am I stuck at my company forever?

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Q : I’m at a large life sciences company and have the opportunity to join a smaller firm in the industry. I know they want me because of the contacts that I have in addition to what I’ve learned at my current organization. I have both a non-compete and a non-solicitation agreement. If I accept this offer, what will happen? A: You are very smart to ask the question. Let’s start with the non-solicitation agreement because they seem to be more direct. Non-solicitation says you will not ask anyone to leave the company to join you, typically for 12 months. If a former colleague decides to call you once you have joined the new company, you can talk to them about opportunities, but your former employer will be watching for any kind of mass exodus to ensure that you aren’t actively recruiting your former colleagues. Non-competes have been in the news lately because the Federal Trade Commission (FTC) has gotten involved and is trying to create a federal regulation , instead of regulations that govern each state. As a result, employees will potentially find themselves in a much better position to leave organizations and take their knowledge and their […]

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