Non Compete Agreement with Your Current Employer


If you`re considering changing jobs, it`s important to be aware of any non-compete agreement you may have signed with your current employer. Non-compete agreements are legal documents that prohibit employees from working for a competitor for a certain period of time after leaving their current employer. These agreements are designed to protect the employer`s trade secrets and prevent employees from taking advantage of proprietary information.

There are several key factors to consider when evaluating a non-compete agreement:

First, make sure you fully understand the terms of the agreement. Non-compete agreements can vary in scope and duration, so it`s important to know exactly what you`re agreeing to. Some agreements may prohibit you from working for a competitor for a year or more, while others may be more limited in scope.

Second, consider the potential consequences of violating the agreement. If you violate a non-compete agreement, you may face legal action from your former employer, which could result in substantial financial penalties.

Third, evaluate the impact the agreement may have on your future job prospects. If you`re prohibited from working for a competitor in your field, it may be difficult to find suitable employment. This is especially true if you work in a specialized industry with few potential employers.

Finally, consult with an attorney experienced in employment law to help you understand your rights and obligations under the agreement. An attorney can help you negotiate the terms of the agreement or challenge it if necessary.

In conclusion, non-compete agreements can have a significant impact on your future job prospects, so it`s important to carefully evaluate any agreement you may have signed with your current employer. By fully understanding the terms of the agreement and seeking legal guidance if necessary, you can help protect your career and avoid potential legal issues.