Labor/Employment
Sep. 11, 2001
Ties That Bind
For most employers, the prospect of losing a valued employee to a competitor conjures up an unappetizing cocktail of emotions: anger and disbelief that the employee would leave, resentment that a replacement for the employee must be found and anxiety about whether the employee will use what he or she knows about the company's business to compete with the company. But noncompete agreements are not the panacea they seem to be. Other solutions exist.
For most employers, the prospect of losing a valued employee to a competitor conjures up an unappetizing cocktail of emotions - anger and disbelief that the employee would leave, resentment that a replacement for the employee must be found and anxiety about whether the employee will use what he or she ...
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