Tag Archives: waivers

Playing With Fire: Employers Waiving Noncompetes

In a recent post at Innovation Economy, Scott Kirsner describes a discussion he had with an attorney who has been involved with negotiating severance deals for several employees.  The attorney has sought to avoid future noncompete complications for his clients by essentially trading severance pay for noncompete relief.  The attorney told Kirsner that “employees can often get released from the non-competes by giving up about 25% of their severance payment.”  This may be a desirable outcome for departing executives,… More