Business can be a dog-eat-dog world. Often, there’s stiff competition between companies. They compete for things like market share, selling more of their goods to the public than a competitor or maybe for government contract work.
How does a business keep its edge against the competition? It’s common for employers to require their employees to sign a non-compete contract. In fact, you may have signed one when you were hired, or when took a promotion. There may have been one in your severance package. If you’re being laid off or changing jobs, you should know if you have non-compete and what it means.