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Non Compete Agreements Definition and Explanation PDF Download

Learn Non Compete Agreements definition in hrm with explanation to study “What is Non-Compete Agreements”. Study non compete agreements explanation with HRM terms to review HRM course for online MBA programs.

Non Compete Agreements Definition:

  • Agreements that prohibit individuals who leave an organization from competing with an employer in the same line of business for a specified period of time.

    Human Resource Management by Robert L. Mathis, John H. Jackson



Non Compete Agreements Explanation:

A non-compete agreement is an agreement wherein a representative vows not to go into rivalry of any sort with a business after the work time frame is finished. These understandings likewise disallow the worker from uncovering restrictive data or privileged insights to some other gatherings during or after business. Most contracts determine a specific time allotment during which the worker is banished from working with a contender after the individual closures work with the business. Managers may expect representatives to consent to non-contend arrangements to keep their place in the market. Those required to consent to these arrangements may incorporate representatives, temporary workers, and experts. Non-contend understandings are marked when the connection among business and representative starts. They give the business command over specific activities of the previous representative even after that relationship closes.

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