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Posts tagged "covenant not to compete"

How do non-compete agreements impact employees and employers?

Non-compete agreements, also known as covenants not to compete, are common in many professions. These agreements bar employees from working within a specific industry for a certain period of time after leaving their job. Non-competes can also place limitations on what areas of the country a person can work. According to a recent New York Times article titled To Compete Better, States Are Trying To Curb Non-compete Pacts, roughly 30 million workers, or about 20% of the workforce, sign non-compete agreements as a condition of their employment.

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