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by josephcsible 1248 days ago
Here's how non-competes could work that would be perfectly fair to employees: When you get a new job offer, you tell your old employer about it. Your old employer then has two choices: either let you take the new job, or pay you a salary and other benefits equal to what the new job would have paid, for the duration of the noncompete, except without you having to do any work. Then companies would only require noncompetes when it's actually really important.
1 comments

Many jobs have pretty shitty base salaries (see traders above) and huge performance bonuses. These people would be at a disadvantage.
Okay, slight adjustment to fix that: the pay is the higher of the old job's pay (at its peak during your employment period there) or the new job's pay.
huh. at the peak i was making $1M a year. now i’m not worse but im getting much less because have you seen the stock market? that’s the problem with government “regulations”: unintended consequences. and lack of personal responsibility: “ah, we didn’t think of that, well, sucks to be you”