Problems with No Compete- re-thinking the attitude
Michael Arnette
Description
Collection
Title:
Problems with No Compete- re-thinking the attitude
Creator:
Michael Arnette
Date:
3/13/2013
Text:
Thank you everyone for your posts. I got some really good responses! Nobody
got me a copy of a contract but I think I may have settled on my personal
opinion of no compete use.
We are a multi-site family owned practice. We have never had a no compete
and do not particularly like the idea, but are tossing it up at the moment.
Ultimately, I think that as an employer, taking the risk of competition has
worked out for us in the end. Generally, we have found that those who would
act crooked end up having their crooked plans end badly eventually, but the
scars tend to stay.
When we hire a resident, we pay them and intend on having the pleasure of
maintaining them as a team member and when you have a family practice,
training your competition can have serious family implications including
the need for relocation ect.
As a paid resident, most young folks don't realize the cost of training and
can get itchy in that brief time frame of re-investment in the practice
that invested in their training while paying them at the same time. I have
been there:)
So after your post, I am now officially against on no-competes! As one of
the replies mentioned, the best no compete is a good relationship and an
honest practice!
However, maybe we should be re-thinking paid residencies?- Food for thought
Michael
--
Michael Arnette BOCPO, LPO
Progressive Orthotic and Prosthetic Services
www.progressiveoandp.com
9511 E. 46th St.
Tulsa OK, 74145
(918) 663 7077
(918) 724 6256
got me a copy of a contract but I think I may have settled on my personal
opinion of no compete use.
We are a multi-site family owned practice. We have never had a no compete
and do not particularly like the idea, but are tossing it up at the moment.
Ultimately, I think that as an employer, taking the risk of competition has
worked out for us in the end. Generally, we have found that those who would
act crooked end up having their crooked plans end badly eventually, but the
scars tend to stay.
When we hire a resident, we pay them and intend on having the pleasure of
maintaining them as a team member and when you have a family practice,
training your competition can have serious family implications including
the need for relocation ect.
As a paid resident, most young folks don't realize the cost of training and
can get itchy in that brief time frame of re-investment in the practice
that invested in their training while paying them at the same time. I have
been there:)
So after your post, I am now officially against on no-competes! As one of
the replies mentioned, the best no compete is a good relationship and an
honest practice!
However, maybe we should be re-thinking paid residencies?- Food for thought
Michael
--
Michael Arnette BOCPO, LPO
Progressive Orthotic and Prosthetic Services
www.progressiveoandp.com
9511 E. 46th St.
Tulsa OK, 74145
(918) 663 7077
(918) 724 6256
Citation
Michael Arnette, “Problems with No Compete- re-thinking the attitude,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 26, 2024, https://library.drfop.org/items/show/234877.
