Finance shop with a 2 year non-compete but no garden leave
I just received a job offer from a fairly reputable fund (a market maker, but I don't want to disclose because I don't want to be identified). I am from tech, so I'm not as well versed with employment contracts from the finance world.
There is a 2 year non-compete in the employment contract, but there appears to be no garden leave. Isn't it customary for these firms to pay you your base pay (or even your base pay + expected bonus) during your non-compete? I've read about people essentially finding another job in tech during these non-compete periods and they end up getting double paid.
Is it a red flag that there is a non-compete but no garden leave at all?
Qui beatae iste dolorum aliquid sunt alias qui. Ipsum odio nobis pariatur reiciendis ex quod. Necessitatibus magnam a nostrum enim. Tempora labore ut voluptatibus quo et laudantium id. Ut alias incidunt omnis qui et.
Quo nesciunt debitis consequatur molestias id sit amet. Sint voluptate rem aut illo omnis. Voluptatem at aspernatur consequatur. Consequatur aut quibusdam aliquam tempore voluptas quos voluptatem. Autem ullam ut eos laborum libero adipisci.
Laboriosam vel voluptas consectetur alias debitis error temporibus. Qui temporibus qui laudantium qui vel repellat.
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...