#noncompete

https://www.hcamag.com/us/specialization/employment-law/procurement-manager-sues-nielsen-over-layoff-and-3-year-non-compete/574789

anyone have insight into what the terms are when it comes to returning to the organization and paying back the severance? is it the same terms for everyone regardless of the amount? thinking I might be able to swing taking a year off.

I think it's possible for the organization to do what they need to do (restructuring, restabilize) and then I can see how things are a year from now.

also are there non-competes? I would hope they wouldn't tell us that we couldn't go to UHC, Cigna, Humana, etc... personally I don't feel like an organization should dictate what my next career move is.

https://www.beckerspayer.com/workforce/elevance-sues-former-chief-execution-officer-over-noncompete-agreement/

Elevance Health is suing a former senior executive, alleging he violated a noncompete agreement when he joined Medicare Advantage insurer Alignment Healthcare weeks after resigning.

The complaint was filed June 5 in an Indiana federal court and names Shane Hochradel, who previously served in a variety of executive roles at Elevance starting in 2021, most recently as chief execution officer. Mr. Hochradel notified Elevance of his resignation on May 8 and started June 1 as COO at Alignment.

Elevance argues Alignment is a direct competitor in the Medicare Advantage market, with both insurers operating plans in Arizona, California, Nevada and Texas. Mr. Hochradel’s employment and stock award agreements barred him from taking a competing position for 12 months after his departure, according to the complaint. Elevance says that as chief execution officer, he led the company’s transformation team and helped develop a three-year plan to use artificial intelligence to cut costs and compete against rivals, including Alignment. Elevance alleges he cannot do his new job without drawing on that knowledge.

“Hochradel inevitably will use Elevance Health’s confidential information in his executive-level position at Alignment,” the complaint states.

Elevance also claims Mr. Hochradel did not notify its chief human resources officer that he was in talks with Alignment until after he accepted the role, a step his stock agreements required. The company said it learned of his new role on May 11 and reminded him of his contractual obligations, then informed Alignment of those obligations the following day.

Elevance is seeking compensatory damages and repayment of stock gains tied to equity that Mr. Hochradel exercised or vested over the prior 24 months, plus attorneys’ fees and costs. The suit is at least the fourth Elevance has brought against departing executives over noncompete agreements in recent years. In January, the company sued four former leaders at its Puerto Rico subsidiary who left for rival insurer Triple-S Salud, seeking more than $1.08 million in combined stock repayments. In September, it sued a former senior underwriting executive who joined health benefits company Gravie. And in 2023, Elevance sued its former west region Medicare president after she left for Molina Healthcare. A judge declined to block that move and the case was later settled.

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration.

Hi,
Was laid off in the last round (why do I always type layed?).

The job market as many know isn’t great, even willing to relocate it’s still tough out there.

So in the spirit of considering all my options, what have people seen as “Nike actually paid attention and enforced” regarding going to work for competitors?

No I’m not a reporter or a troll or any of that nonsense, just a person trying to provide for their family and while the severance and savings gives me some time… I would sleep a lot better being back working and moving forward. Not one to “take a break” or sit around and hope for the best, not with the responsibility of a family.

Thank you

I’ve started applying for jobs outside of 3M. Some of them ask if there is anything to stop me from doing the work (like a non-compete clause or similar). Does anyone know if this is a thing for 3M? I looked on the company portal and of course can’t find anything.

How much does the company pay in severance when there's a separation in employment? Also, do we have to sign a non compete agreement?

Noncompete? No talking to media? Agree not to sue?

I've been turned away by 4 RIAs for jobs that I am well qualified and experienced in. Jobs they are hiring for, and Schwab does not have postings for. Each of them says "since we custody with Schwab, we have agreements signed that we cant hire employees until you've terminated for 18 months."

I'm not bringing clients with me. This feels contrary to FTCs 2024 non-compete appetite. And the position doesn't exist at schwab anyway.

Feeling stuck.

Suppose you make it to early retirement at 55 and still want to work elsewhere. Doesn’t the company have stipulations around not working for competitors after retirement? And aren’t there some big threats tied to that….like lost pension, lost unvested RSUs, etc? How does that actually play out? …has the company ever pursued some sort of benefit cut tied to this?

Is Nike enforcing non compete agreements if you choose to leave and go to a competitor? Given it’s current state my guess would be no, but any insight here?

Every so often I read a press release put out by some competitor that hired away one of our WMAs. They try to puff themselves up by saying “Stiffo Nickelback adds Billion dollar TIAA broker…”. What a joke. As if that advisor is going to bring over every account they ever touched. The truth is that the vast majority of those accounts barely know the name of the advisor without looking at their paperwork. The joke is on Stiffo Nickelback when that advisor’s non-compete is over and they can’t lure more than a few accounts because they really didn’t have any real wealth management relationship with the client beyond the initial sale. I’ve seen several articles in the past with different shops bragging about bringing over some “big hitter” advisor from TIAA. There is a huge difference between the quality of relationships for a wirehouse broker with a legit billion dollar book and a TIAA advisor who has 1200 accounts assigned to them and their assistant WMA. I enjoy knowing that these ex-WMAs who over sell themselves will be cut down to size when they can’t deliver

Do you know a good law firm/lawyer that has successfully challenged? Let's all help each other!!

What's up with the recent need to sign this?

So now we have to sign a confidentiality and non compete document as a condition of employment annually. Funny. Never saw this before today and absolutely zero information on it.
Thanks Monique

Does Truist have blanket non-compete agreements with other companies that impact teammates job mobility? Is this info posted anywhere internally?

Last day for me was 12/19/2025. Have an opportunity for recruiter firm for work with Frontier. Opinion on would the cooling off period apply to this situation. The work would have nothing to do with merger.

Seriously. Just look at LinkedIn profiles of past upper management and others and you'll see how they took jobs in the industry immediately.

Can anyone direct me on where to confirm in WorkDay / HR Central if I have a non-compete in place? I recall year over year attesting to one under Express Scripts; however since moving under Evernorth a few years ago, I don’t recall signing / attesting to one and cannot find anything in Workday.

Did anyone else in CA get a letter regarding a non-compete policy being invalid.

In the title but just wondering if they kick you out right away if going to a competitor (even if you give a 2 week notice). Want to see if they would pay you out for those weeks regardless.

Anyone have an anecdotal evidence that Ansys grants a non-compete waiver? I have an offer from Ansys's customer (OEM) and they want me to get a waiver to join

Based in the USA (not in CA). Please comment if you have any insight into this.

For those that are impacted by the reduction in force, please check or have someone go over the severance agreement to see if there's a timeframe set for a non-compete clause. This would include verbiage regarding a timeframe of which you may be illegible for employment by a similar company offering a similar or slightly different role. While some states do have limitations on this, please exercise due diligence.

Example: You may be barred from working in a telecom or similar company for a period of six months before they would consider hiring you. You would go through the whole interview process, but then get hung up during the final selection due to this.

I know many of you are kicking yourselves for not taking the VSP package but I want to share some positives of not taking it and getting RIF’d (assuming you get the max 35 weeks)

• had you taken it last year and had a last day of September, your insurance would now be running out at the end of this month. Instead, you have it through the end of this year and for another 7 months
• your severance pay will likely hit in 2026 making the tax impact much much smaller
• you don’t have a non compete and are can be rehired at Verizon. VSPers can never be employed by VZ or a subsidiary again
• instead of 60 weeks of pay, you essentially got 100 (granite you had to work for 65 of them. But that’s still more money in your packet than if you took the VSP)

Just wanted to provide a more positive outlook on this crummy situation. Best of luck to everyone.

I am a relatively new employee (less than 3 years) but the company I interviewed for is asking for a non-compete waiver to join. What are my options? Does anybody know the procedure?

Will Target enforce non-compete or non-solicit terms for laid-off TMs in 2025...

and are there standard waivers or exceptions by level or function?????

Will those that are let go have to sign a non compete?

i understand stuff like code or stuff not published. but how about working for a ct with a
support contract that my name would be on?

Your employment with Oracle created obligations on your behalf with respect to certain
confidential, proprietary and trade secret information belonging to Oracle (“Proprietary
Information”) as reflected in the Proprietary Information Agreement (“PIA”) that you signed as
a condition of joining Oracle.
• By signing the PIA, you promised not to use Proprietary Information for any
purpose following your Oracle employment.
• You acknowledge that by signing the PIA, you are prohibited from recruiting Oracle
employees for employment with any employer other than Oracle for a specified
period of time following the termination of your Oracle employment. The
foregoing contractual prohibition will not apply to you if you reside or work in
California or any other jurisdiction that prohibits such a term; however you
understand that this exclusion from the scope of the contractual obligation in this
paragraph does not authorize conduct that is a misappropriation of Proprietary
Information, unfair competition or other wrongful act.
• You acknowledge that, if you signed the PIA on or after June 1, 1996, you are
expressly prohibited, for a specified period of time following the termination of your
employment, for your own account or for the account of any other person or entity,
from soliciting, calling on or providing services similar to those which you provided
to customers or clients of Oracle during your employment, for any of Oracle's
customers or clients or prospective customers or clients if you solicited, called on or
performed services for that Oracle customer or client or prospective customer or
client for a specified period of time preceding your termination. The foregoing
contractual prohibition will not apply to you if you reside or work in California or any
other jurisdiction that prohibits such a term; however you understand that this
exclusion from the scope of the contractual obligation in this paragraph does not
authorize conduct that is a misappropriation of Proprietary Information, unfair
competition or other wrongful act.

Thank you

We are now a California company. Just curious if anyone knows how to deal with the non-complete signed with Ansys?