Q. Can I ask employees who are already with the company to execute noncompete agreements?
A. In Pennsylvania, you would need to give something extra to an existing employee to support a noncompete. This “consideration” has to be something to which the employee is not already entitled. Consideration can include a cash payment, a bonus, a promise of severance or a term of employment, among other things.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/28978/how-do-i-make-a-noncompete-enforceable "
- What should we do? A contract refers to both 'termination for cause' and 'at-will' employment
- Double-check for signs of retaliation whenever workers complain of discrimination
- Good planning limits fallout from FMLA misunderstandings
- OSHA inspectors are at your door … Are you prepared?
- Mercer County caseworker loses discrimination suit