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by loeg 1257 days ago
It's similar in Washington. If you make less than $116k, no non-competes. Otherwise, get fucked.

https://lni.wa.gov/workers-rights/workplace-policies/non-com...
1 comments
nceqs3 1257 days ago
How dare quants get paid $5m to sit on their couches for two years after leaving their firms! Congress must act!
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closeparen 1257 days ago
Non-competes that pay you at or near your salary during garden leave are a different thing. The bog-standard non-compete in a normal SWE or IT position prohibits you from making a living at all.
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loeg 1257 days ago
The standard and legal minimum for WA employers is no compensation for the non-compete period. Also, the vast majority of workers that make more than $116k do not make $5 million annually, either before or after leaving their non-compete employer.
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nceqs3 1253 days ago
It would be 2.5 a year. Non competes are 2y across all of finance.
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jen20 1257 days ago
Gardening leave and non-competes are not the same. I doubt anyone feels any affronted by gardening leave.
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