How to avoid signing non-competes and tips on managing through timing of multiple offers
I am interviewing at three places (A, B, and C). Firm A (least attractive for me) made me an offer with a non-compete clause. The problem is that I'm in the final rounds with B and C, from which I expect to get offers by early-mid February only at best. If I don't get them, I will stick to A.
What excuse should I give A regarding avoiding the non-compete, or is there a way to fool them around while I wait for the others? Any advice on the situation?
It's a mid-level LO role and a 6-mo non-compete
bump
Just delay, delay, delay. Make excuses until you finish your other processes.
Waiting for your 2022 bonus to be paid?
No, it's been paid already.
LOL, they don't need to know that, genius.
To negotiate against someone, start by not negotiating against yourself.
Can also say you’re waiting for some deferred comp to vest.
Tell them your lawyer is on holiday for 2m
What is your start date for firm A? If it’s after mid-Feb just take the offer then renegade before your contract actually starts
Bad idea, would be a huge blow to your reputation especially considering it’s a small world.
The most common are as said, vested comp/401k matching.
I'm confused, it sounds like a standard case of just wanting to delay committing to an offer from company A until you hear back from another company? But you mention the non-compete multiple times including the title, what's that got to do with this? I fail to see how the non-compete changes anything here? I don't understand why you're asking "what excuse should I give A regarding avoiding the non-compete" rather than "what excuse should I give on avoiding accepting the offer".
Are you asking if you can negotiate away non-signing the non-compete? If so, no. They can't negotiate that. If they let you not sign it, it voids the agreement for all other employees. (See my recent post on https://www.wallstreetoasis.com/comment/3002394#comment-3002394)
But if your question is just how you can delay accepting your offer from company A until you hear back from B and C... Easy, if you're already in final rounds with companies B and C, then it seems you could simply be honest and tell them "i love your company best, it's my dream job, but I have another offer and I was hoping we could expedite the process". Good chance they'll be able to schedule you sooner. And meanwhile, tell company A that there's one personal matter you need to resolve and please would they be willing to wait two weeks. (If you want, you could make up a story like "my wife's company might be transferring her to California so I'm waiting to see if that happens before I sign your offer" or something, but really, you don't need to explain it. You can just say you need two weeks to resolve a personal issue and most of the time they'll be ok with that).
Commodi cum voluptatibus praesentium quia quos. Sint aliquam qui sed. Cupiditate est corporis distinctio vero sint. Totam atque sed eveniet.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...