Wisconsin workers may be interested in a recent article that discusses how non-compete agreements may negatively affect growth in the economy. The article suggests that the enforceability of such documents in Massachusetts and other states limits innovation compared to California, which does not recognize the contracts.
The article suggests that non-compete agreements limits opportunities for individuals who may have valuable ideas, barring them from resources that might help them develop new products. Companies often advocate for such contracts because they allow firms to continue focusing on the current state of affairs, and the development of new and cheaper advancements might limit profit margins for existing products. However, some suggest that voiding the contracts might provide benefits to the entire industry by promoting innovation and symbiotic relationships between established firms and startups.
In Wisconsin, if an employee is required to sign non-compete agreement, he or she might want to have a lawyer review the document. That lawyer might be able explain how the contract might affect future employment opportunities while maintaining a focus on the client's best interests.
Source: Forbes, "Non-Competes: Hidden Hand-Cuffs For Entrepreneurs", Todd Hixon, April 17, 2014