Competing issues on ‘non-compete’ work contract clauses

  • 📰 sunstaronline
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

SunStar Publishing Inc.

The stalemate of non-compete clauses in employment contracts is a complex and intriguing issue. This clause, which prohibits an employee from working for or starting a business that directly competes with their former employer, is designed to protect a company's trade secrets and competitive advantage..

Ineffectiveness in enforcement: Non-compete agreements can be challenging to enforce, requiring the company to spend time and resources monitoring and pursuing legal action against former employees, which may not always yield desired outcomes.Advantages for employees:1. Job security: Employees may feel more secure in their jobs knowing that their employer will take legal action against employees who leave to work for competitors.2.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 Taiheiyo scholars complete collegeSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

PLDT, Smart support annual youth journalists’ forum in CebuSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

CBRT cost raised to P28.78 billionSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

DOH 7: Allowance delay due to hospitals’ non-complianceSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

Gealon: Spare eligible riders from delivery taxSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

57 aggrieved workers get P6M in compensationSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »