Starting a new job tends to involve signing a lot of paperwork. In some cases, you will be asked to sign a non-compete agreement. Before signing anything, it is best to speak with an experienced Georgia employment law attorney. Read on to learn more about non-compete agreements.
What is a Non-Compete Agreement?
A non-compete agreement is essentially an agreement that states that the employee will not take up a profession or trade that is similar to the job he or she is about to take. There are various reasons for asking employees to sign these agreements, but the main reason is that the employer does not want their employee to learn strategies and inside information, leave the company, and use that information to benefit another competing company.
What Makes a Non-Compete Agreement Valid and Enforceable?
All non-compete agreements are required to meet the following standards in order to be considered valid:
- Consideration: This means that the employer will have to give the employee something of value in exchange for the promise to abide by the terms of the agreement. In most cases, the thing of value is simple as a regular paycheck.
- Valid Business Interest: For an employer to ask an employee to sign such an agreement, that employer must have a valid business interest, meaning he or she must be looking to protect trade secrets, private company information, and more. That being said, if you were asked to sign an agreement without a valid reason, we may work to have it overturned.
- Reasonableness: These agreements should cover only certain geographical regions, and they generally are only valid for a certain amount of time.
If you are asked to sign a non-compete agreement that does not meet these standards, you should reach out to an experienced employment law attorney.
If you have any questions or concerns about non-compete agreements, contact our firm today. We are here to advocate for you.
CONTACT OUR EXPERIENCED GEORGIA FIRM
If you need help with an employment law matter in the state of Georgia, you can count on Ben Barrett Law to effectively represent your interests. With over 30 years of experience, Attorney Barrett has the skill and experience necessary to help you navigate the complexities of any employment law matter you may be facing. To discuss your case with a legal team you can trust, please do not hesitate to contact Ben Barrett Law today.