New Graduate Signed a Non-Compete (RCA) and need to renege
I recently had a few things happen to me personally that makes it very difficult to relocate to Chicago. I did not know that the RCA agreement was a non-compete and I signed it before I am set to join a firm in August. I am reneging for a competitor that will allow me to go fully remote (The key reason. A few family members passed away and being remote is key.)
Those in the industry told me my situation is tragic enough as is and that an employer isn’t going to enforce a non-compete and pay me 75k over 6 months to sit and do nothing when I haven’t even gone through their training program. I want to believe that but does that make sense for the trading industry?
Quick update, upon further review of the RCA/Non-Compete it says this:
The Company and Employee enter into this Restrictive Covenant and Employee Work Made for Hire Agreement (this “Agreement”), effective as of the date of the Employee’s commencement of employment.
Since the date of employment is listed on the contract, if I do end up reneging this agreement wasn't initialized until the start date anyways so now I feel a lot less worried.
Saepe iure quae dolor non. Quia eum esse nostrum sit. Quaerat qui at vel est.
Velit excepturi qui et a. Voluptatem fugiat ullam dignissimos quod vel et quaerat tempore. Repellendus fuga aliquam adipisci ratione cupiditate enim aut dolorum. Doloremque delectus eveniet cum quidem non.
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...