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American workers increasingly face non-compete agreements, limiting their ability to work for competitors or start their own businesses. A survey indicates that about 20% of American workers, including those in various sectors, have signed such agreements. Employers favor non-competes due to concerns about job hopping, which can lead to the loss of knowledge and skills to competitors. While these agreements aim to protect company information, they can also intimidate employees and potentially hinder innovation. Workers should be informed about five crucial steps to take before and after signing a non-compete agreement.
