Noncompete agreements are meant to help better ensure the safety of a company’s intellectual property. Trade secrets and customer lists are not to leave the workplace with an employee who goes to work for a competitor. In some cases, an employer’s use of noncompete...
Restrictive Covenants
What does a non-solicitation agreement for an employee do?
Employment contracts help clarify the relationship between individual workers and the business that hired them. Businesses typically use employment contracts to explain what they expect from the employee and what the compensation should be for the work that they do....
Can your organization enforce its non-compete agreements?
The corporate world is notoriously competitive, and businesses need to take all possible steps to hold an advantage over their rivals. Nonetheless, all business strategies must adhere to the law. Non-compete agreements are legal tools that are used to prevent...
Is your employee thinking about jumping ship?
As a business owner, you are constantly tasked with overseeing multiple areas to ensure profitability. One of the key areas includes managing your employees. Most of the time, employees remain loyal if they are content at work and happy with their remuneration....
What possible downsides (for companies) do non-competes impose?
Having your employees sign a non-compete agreement can protect many elements of your company. It is a tool that restricts current or former employees from accepting new work that competes with your operations. The Federal Trade Commission wants to ban non-compete...
Restrictive covenants in business
Properties are usually subject to zoning ordinances, which are restrictions and limitations that aim to promote the safety and general welfare of the public. These ordinances also restrict how property owners can use their property. What is a restrictive covenant?...