INSIDE YOUR BUSINESS: Employers: How to stop a departing employee from poaching
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Well-connected employees are often the most important assets for an ambitious business. However, they also present a challenge if they leave. They can be valuable commodities in the wider market and therefore more susceptible to approaches from competitors. Alternatively, they might have plans to set up on their own. When good people walk out of the door, clients are frequently tempted to follow. So what can you do to protect that hard-won business?
The most important port of call is the employment contract. If this does not contain any post-termination restrictive covenants, the employer’s protection is very limited. Perhaps there are some restrictions, but they are the same ones that apply to everyone else in the organisation.
The most important port of call is the employment contract. If this does not contain any post-termination restrictive covenants, the employer’s protection is very limited. Perhaps there are some restrictions, but they are the same ones that apply to everyone else in the organisation.
