Noncompete playbook: Everything Arkansas employers should have in their arsenal
A crucial employee leaves for a competitor. A promising candidate shows up carrying a noncompete from their former employer. Either way, the questions hit quickly: What can we do? What should we avoid? And what paperwork should we have in place to handle this sort of thing?
What employers should know is that Arkansas law gives them legitimate tools to handle both situations but only if you wield the know-how, have the right documents ready, and know who to call before issues arise. Here’s how an understanding of the “playbook” surrounding restrictive covenants can benefit employers when a crucial employee leaves or a new employee comes along carrying an old pesky restrictive covenant.
What is a restrictive covenant anyway?
Restrictive covenants come in several flavors, and it’s important to know the subtle but key differences.