By Neil H. Deutsch | Published May 30, 2022 | Posted in Employment Law | Tagged Tags: noncompete agreements | Comments Off on New Jersey Legislators Considering Significant Changes to the Law on Non-compete Agreements
Non-compete agreements are promises by employees not to compete with their employer during their tenure at the company and for some time thereafter. These contracts are subject to certain legal restrictions, so that former employees aren’t unfairly prevented from taking a new position. Overbroad restrictions also impede economic development by encouraging skilled labor to seek Read More
Read MoreIt’s understandable that companies want to keep trade secrets out of the hands of their competitors, which is why many employers require employees to sign noncompete contracts. Employers fear that when an engineer, salesperson, executive or marketer leaves the company to work for a competitor, the new employer will benefit from the new employee’s knowledge Read More
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