Across America, employers are using noncompetes to claim ownership of employees' skills

[sdmikev]

@Shuck

Yeah, it makes a certain amount of sense when applied to CEOs and the like - they’re well compensated, might actually be able to take meaningful company information to another company to their benefit, and a CEO usually has skills that are perfectly applicable to another industry, so it doesn’t prevent them from working.

The shit CEO’s are able to negotiate is unreal at times.
The company I left in 2014 brought in a new CEO in 2011 or 12 while I was there. He came from a competitor and left that position prior to securing a retention bonus. As part of his contract at my company, he negotiated to get that amount from US upon coming on board.
His first full year there, his total compensation was more than the CEO of Chase.