• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

What’s the quid pro quo on noncompete agreements?

by on
in Employment Law,Human Resources

Q. We want current employees to sign noncompete agreements. If we do not offer an employee something of value in exchange for signing the agreement, is it against the law to terminate the employee? If we offer something of value, and the employee refuses to sign, can we terminate the employee?

A. If the employee does not already have an employment agreement, then the employee is employed at-will and can be terminated at any time and for any reason, except illegal reasons. Thus, if you are requiring employees to sign noncompete agreements and one refuses to do so, you can terminate the employee.

You should ask current employees to sign a noncompete agreement only if you offer some consideration; otherwise the noncompete agreement is not enforceable. Also, keep in mind that a noncompete agreement must be part of an employment agreement.

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/6994/whats-the-quid-pro-quo-on-noncompete-agreements "

Leave a Comment