The Ins and Outs of Approaching Your Company’s Competition For a Position
So you’ve been eyeballing a great company for some time now. You’re positive that this company has everything you look for in a great place to work. However, there’s only one problem, the company is your employer’s direct competition.
This may feel like a problem; however, the truth is you are entitled to pursue employment with a competitor under most circumstances. But just to make sure that you approach the situation appropriately, let’s take a look at a few tips to help you move in the direction of your current employer’s competition for a job.
Find Out Whether You’ve Signed a CNC
Your first issue with approaching a competitor of your employer is to know whether you’ve signed a non-compete clause, also known as a covenant-not-to-compete (CNC). Often times, it’s difficult to know everything that you signed when you were thrust a ton of papers during your orientation, which is why it’s that much more important that you dig through them to see if you’re contractually prohibited from working with direct competition.
If you discover that you have signed a CNC, this is the time to read the terms of the contract. In many cases, you’ll be legally unable to sign a contract with a competing company until you haven’t been with your current employer for one year. Some contracts require more or less time. If you feel that your CNC doesn’t offer a fair time period, you may need to consult with a lawyer who specializes in employment law. Whatever you find out about your contract’s CDC agreement, it’s important to consider this portion of a contract every time you sign one, especially if you end up signing with the new company that you’ve been looking at.
Make Special Adjustments to Your Resume
When developing your resume for a competitor, you want to make sure you’re as discreet as possible (more…)