If you work for a big corporation that makes you sign a non-competition agreement as condition of your employment... But you'd like to start up a business in that industry on the side to make a little extra scratch... Does anybody know if that agreement would truly stand up in a court?
Some companies are so big, and involved in 100+ fields / industries, that such agreements would make it absolutely impossible for you to a). take on a 2nd job for extra income for your family, or b). start up a side business to make a little extra scratch. The agreement basically binds you to take whatever scraps the company is willing to give you -- And in this day and age where pay cuts annually are more common than salary increases, I just don't believe that is moral or ethical.
Wondering if anybody here has any experience specifically in this area?
Cheers,
- Hakrjak
Some companies are so big, and involved in 100+ fields / industries, that such agreements would make it absolutely impossible for you to a). take on a 2nd job for extra income for your family, or b). start up a side business to make a little extra scratch. The agreement basically binds you to take whatever scraps the company is willing to give you -- And in this day and age where pay cuts annually are more common than salary increases, I just don't believe that is moral or ethical.
Wondering if anybody here has any experience specifically in this area?
Cheers,
- Hakrjak
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