The newest Croc !
More Crocs !



Your real competition isn't some job hunter off the street. It's the candidate who was coached by The Headhunter. Use The Headhunter's insider perspective to your advantage; don't let it sneak up and bite you!


From The Archive

66. Signing non-compete agreements for fun and profit.
Companies love to have new hires sign non-compete agreements (NCA's), whereby the employee agrees that if and when he leaves the company, he will not join a competitor or compete with the company for a prescribed period of time. The prospect of signing an NCA worries most people, and it should. An NCA can prevent you from working in your field and it can cost you a lot of money in lost income.

There are many tactics you can use to limit the effects of an NCA, including restricting the time period and the geographic area to which it applies. But, I've got a better approach that startles most companies. Try it when you negotiate your next NCA.

Recognize that signing an NCA costs you money and confers a benefit on the company. For the deal to be fair, the NCA should cost the company money, too, and it should confer a benefit on you.

If a company wants to restrict your ability to earn a living, it should give you something in return: a guaranteed severance package for the term of the NCA, to tide you over while you're out of work and not competing. The severance should be yoked to the terms of the NCA. That is, if the NCA applies whether you quit or are fired, then the severance should be paid in either case. This is a deal that shows good faith when the company hires you.

It's no fun to be left holding the bag when you leave your job. If a company wants to lock you out of the market, it must compensate you for it. What I'm suggesting is a win-win approach to NCA's that forces the employer to put some skin in the game. When it has to pay for the benefit of an NCA, an employer will think carefully before asking you to sign one.

Let's make sure there's fun and profit for everyone in NCA's.

More Crocs

 

Sign up now!

The Ask The Headhunter Newsletter is HERE!
Get The Headhunter's advice in your mailbox.

 

 

 

 

 

 

 

 

 

 

 

The contents of this site are Copyright (c) 1995-2013 North Bridge Group, Inc.
All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without prior written consent. Ask The Headhunter, Fearless Job Hunting, the ATH logo and other ATH titles are trademarks or registered trademarks of North Bridge Group, Inc. and Nick A. Corcodilos.

User agreement, legal information and disclaimer.

Visit the Ask The Headhunter Blog and sign up for your free subscription to the weekly Ask The Headhunter Newslettter.

We welcome comments and
suggestions. Please email to
Ask The Headhunter.

 

 
 
Nick's newest!

Learn to say NO when employers demand your salary history!

Fearless
Job Hunting

Overcome the
daunting obstacles
that stop other
job hunters dead
in their tracks!


  


Don't miss these
myth-busting

Answer Kits!

How to Work
With Headhunters

.
..and how to
make headhunters
work for you!


  
How Can I
Change Careers?
It's not just for
career changers!
It's for any job
applicant who
wants to
stand out!


Keep Your Salary
Under Wraps

How to say NO
when employers
demand your
salary history,
to make them
say YES to
higher job offers!