Slashdot Mirror
Bill Guarantees 50% Salary For Workers Laid Off With Non-Compete (computerworld.com)
Reader dcblogs shares a Computer World report: Non-compete agreements are controversial for many reasons, but what may be worst of all: Even if you are laid off from your job, a non-compete agreement may still apply. California has made non-compete agreements unenforceable, but Massachusetts has not. Some opponents say that's partly the result of lobbying by EMC, which has considerable clout as a major state employer, headquartered in the Boston suburb of Hopkinton. But the pending $67 billion merger of EMC with Dell, and the prospect of merger-related layoffs, is spurring a new attack on non-compete agreements. State lawmakers are considering limiting non-compete agreements to one year, banning them for low-wage workers and for people terminated without cause. The leading legislative proposal will also require an employer to pay at least 50% of the former employer's salary during the period of time the non-compete is in effect. This salary guarantee is called "garden leave" and is in Massachusetts House bill H.4323. In May, the White House released a report about non-compete agreements. It found that 18% of the workforce is now covered by a non-compete agreement, but over the course of a career, some 37% of all workers (PDF) will be subject to them.
Can't have unions, can't get another job, have to take pay cuts, get randomly laid off, no job security. And now they want to make it so you have to find a whole new type of job? Add a poison pill to keep HR from running amok.
Select from tblFriends where interesting >= 4;
That is the stupidest thing I read today. Thank you for making the internet dumber.