Sweeten deal when asking staff to sign noncompetes — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
  • LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Sweeten deal when asking staff to sign noncompetes

Get PDF file

by on
in Employment Law,Human Resources

Q. Can I ask employees who are already with the company to execute noncompete agreements? —L.T., Georgia

A. Yes. So-called “noncompetes” are agreements that prohibit employees from directly competing with their employer for a certain period of time in a certain geographic region after they leave the company. Many states, including Georgia, say that continued employment alone is enough compensation for signing a noncompete agreement after the employment relationship has already begun.

It is advisable, however, to offer some compensation in the form of increased salary, a lump sum payment or increased benefits to make sure the agreement is binding.

Leave a Comment

Previous post:

Next post: