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American workers increasingly encounter non-compete agreements, which can restrict their ability to work for competitors or start new businesses. A survey indicates about 20% of American workers, including those in various sectors, have signed such agreements. Employers favor non-competes due to job mobility, as it pressures them to safeguard company knowledge from competitors. While they can protect proprietary information, they may also intimidate employees and stifle innovation. It's essential for workers to understand five key actions to take before and after signing a non-compete agreement to navigate its implications effectively.
