Another example of businesses constraining the market place to the detriment of employees.
Workers bound by noncompetes cannot rely on outside offers and free-market competition to fairly value their talents.
Smart leaders treat departing employees as alums, rather than sour exes in a divorce.
Companies with little turnover risk becoming stagnant and myopic. In fact, relying on noncompetes rather than active recruitment and retention creates a market for lemons — a business will end up with employees who stay despite their unhappiness.
Companies Compete but Won’t Let Their Workers Do the Same https://nyti.ms/2pK1zGU