benfits & salary cut after non-compete signed
Ater ten years of employment my empolyer demaned that I sign a non-compete contract or I would be terminated in one week. Two months after signing the non-compete, empolyees were faced with paying monthly health insurance premiums. (roughly $4,000.00 per year) Six months later my salary was cut by $5,000.00 per year. Total of $9,000.00 dollars out of pocket in less then a year after signing. Is this non-compete valid? I'am currently considering employment with a direct competitor.
1 answer | asked Apr 21, 2003 9:02 PM [EST] | applies to Wisconsin
Answers (1)
Non-Compete
Whether a non-compete agreement is valid in WI depends on several factors. First, was your continued employment the exchange for signing the agreement? If so, it will probably be valid. Second, is the non-compete agreement reasonably limited in geographic scope & time period? If so, it will probably be valid. As you can see, the answer to your question depends on the specifics of your situation.
posted by Janet L. Heins | Apr 22, 2003 11:04 AM [EST]
Whether a non-compete agreement is valid in WI depends on several factors. First, was your continued employment the exchange for signing the agreement? If so, it will probably be valid. Second, is the non-compete agreement reasonably limited in geographic scope & time period? If so, it will probably be valid. As you can see, the answer to your question depends on the specifics of your situation.
posted by Janet L. Heins | Apr 22, 2003 11:04 AM [EST]
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