Why Do Employers Require a Non-Compete Agreement?
An employer also spends effort and money training its employees. The employee learns specific skills and becomes privy to confidential information about how the company does business. An employee becomes adept at his job and may grow to have particular knowledge and insights about the company’s business practices that might be a valuable commodity to a competitor should the employee change allegiances and go work for the competitor. A salesperson, for example, develops significant relationships with her customers and if that salesperson goes to work for another company selling the same type of product, customers may start buying from the new company because they want to continue to work with that salesperson. A non-compete agreement prevents this from happening by preventing the employee from going to work for a nearby competitor for a specific period of time if the employee ever stops working for the company. A non-compete agreement prevents a former employee from taking knowledge gle
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