Yesterday, 03:50 PM
I'm not sure what this will do to employment in the US. I'm subject to a non-compete agreement and so are my peers. We may see tons of people leaving their jobs and poaching by competitors. I suppose that's a good thing?? Maybe companies will be incentivized to pay more to keep their good employees??
But, I'm sure the consequences will be ugly. It's going to be harder for businesses to retain talent. Plus, the onboarding and training expenses are going to rise dramatically. This could impact the already pressured economy even more.
Ironically, it's also going to be much harder to get a job because the new employer has to make a significant investment in you without a safeguard against you leaving for a competitor. And once you get the job, it's going to be harder to get access to key information in the company that can help you succeed. This is going to get weird.
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