In a job market with high turnover rates, noncompete contracts are useful ways to protect your business in industries that are susceptible to damage when an employee brings knowledge of internal operations to other companies. This article is meant to help you decide whether your business would benefit from a noncompete contract for your employees or business partners.
Why Draft a Noncompete Contract?
In a job market with high turnover, noncompete contracts can help businesses that operate in competitive industries with unique processes and products protect themselves from employees who don’t plan to stay with your company long-term.
