A Noncompete Agreement is a contract restricting an employee from working for competitors or starting a similar business for a specified period after leaving a job.
- What is a noncompete agreement?
Answer: It is a contract restricting work with competitors post-employment. - What does it typically include?
Answer: It includes duration, geographic scope, and job type restrictions. - Is it enforceable?
Answer: Enforceability varies by state law and reasonableness. - What are the benefits for employers?
Answer: It protects trade secrets and client relationships. - How does HR manage it?
Answer: HR ensures legal review and employee consent.
