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by xvector 950 days ago
Why is that the employee's problem? Pay the employee well and they will stick around.
1 comments
gorbachev 950 days ago
The compensation model in investment companies is such that they will not be able to pay employees well compared to how much value they bring in, unless you're a partner.

Furthermore the industry attracts the sort of people who are never satisfied with what they got, and are always looking for more.

Not that I'm advocating for non-competes, just saying that you can't address the concerns non-competes are attempting to address by "paying employees well".

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Kamq 949 days ago
> The compensation model in investment companies is such that they will not be able to pay employees well compared to how much value they bring in

There's definitely an argument here that those companies deserve to be out-competed then.

I'm not saying to ban any of these practices, but the legal system doesn't have to guarantee the feasibility of companies.

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esafak 949 days ago
Why will they not be able to pay them well? Why can they not measure it unless you are a partner?
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