What Are Noncompete Agreements?

Signing a job contract can come with small print that shapes your future. Ever heard of a noncompete agreement? A noncompete agreement is a contract where you agree not to work for or start a similar business if you leave your current job. Companies use these to protect their interests — like preserving trade secrets or retaining customers. But what does this mean for you? The pros: It could mean more training and access to sensitive info, reflecting trust from your employer. The cons? It might limit your job opportunities later. And if you’re fired, will it still apply? That can depend on where you are and the terms of the agreement. Curious about how noncompete clauses affect you? Head to LawInfo.com to understand more about your rights and options.