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by mavelikara 2712 days ago
> Getting 75% of your salary to do nothing for 2 years is the opportunity of a lifetime

The examples you listed makes me ask this. Imagine your parents, while raising you, given this option of having their pay reduced by 25%. How likely would the options you listed have been an "opportunity of a lifetime" to them?
3 comments
tomhoward 2712 days ago
It could work out really well; they'd have loads more time to spend with their kids, and could take on other part-time/casual non-competing work to make up the difference.

I can imagine plenty of people would accept the option of taking 75% of their salary to spend all/most of their time with their young kids for a couple of years.

After tax, it might not work out to much of a difference anyway, especially after you consider the other incidental expenses relating to work (transport, attire, etc).

Of course, no agreement is going to be 100% perfect in every scenario, but this is way more even-handed than a one-way non-compete with no compensation at all.

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snovv_crash 2711 days ago
Are you really saying that 100% of your time is worth 25% of your salary? And that isn't even counting work-related costs.
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mavelikara 2710 days ago
I have a right to earn a living. I have worked many years preparing to do so in a particular area of trade. There is a market price for my skills. Taking 25% of that away is unfair, is my point. Justifying it by saying "Oh, but you could travel!" is the same level of empathy as saying "Let them eat cake".
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krageon 2710 days ago
You can easily make half of your original salary back by working part-time in a sector not directly related to the one you left. If you're already given 75% of your old salary, you won't even need to be picky. You can learn new skills and work on your hobbies/the rest of your life, while receiving a princely sum for the amount of work you're actually doing. It's only a bad deal if your current sector is all you ever aspire to work in, and I'd posit that's not the case for the majority of people.
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quickthrower2 2712 days ago
Would the non compete cover supermarket checkout work? That might make up the difference.
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