Monday, February 13, 2023

How do non-competes affect investment in employees?

 A look-ahead-and-reason-back investment anecdote from WSJ:

“Each employee costs thousands of dollars to get them up to speed,” one salon owner wrote in the public comments to the FTC proposal. “It gives me a little security to know they cannot go to one of my competitors across the street.”

4 comments:

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  2. I'd be interested in your thoughts...if noncompetes provide some advantage, does removing them across the board maintain a level playing field? If not, who benefits?

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    Replies
    1. Curious as well. I also wonder if there have been studies comparing effects of non-competes on neighboring states of CA/ND/OK/DC when laws have changed

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