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by bobthepanda 949 days ago
clearly there's value in the secret if you're making them sign a noncompete.

The proposal is just to ask firms to put money where their mouths are.

1 comments

He says that just because someone knows a secret, then it doesnt mean that he brings value/$$$ to the company

They should pay him 500k just because he knows a secret? even if he's making just 50k to the company?

Obviously companies think it is worth a lot for certain employees to be quiet, so they pay accordingly. There is no "should" going on here, there is only what the two parties agree to.
They should pay him whatever he would make going somewhere else. Expecting someone to not work in their career field for 1-5 years and not get compensated for that is silly.
LOL - you have stumbled upon the pay grades for security and executive management directly ! they absolutely are paid more to participate but stay quiet. It is a daily requirement.
A noncompete has value. If its worth 50k then pay for a noncompete equivalent to 50k wages worth of hours. Simple as that.
If someone else would pay them 500k to reveal the secret, then yes. Maybe don't give 500k secrets to people producing only 50k of value.