All those hedgefund PM’s better be careful: https://www.businessinsider.com/florida-made-it-harder-highly-paid-workers-to-swap-jobs-2025-7
I had that type of contract a couple of times, not because of the highly paid job, but because I was working for the public sector as a contractor. It is not legal in Europe, so when I left the company, they couldn't enforce it. Companies can request anything in their contract; if those clauses are not legally binding, they become redundant and useless anyway.
Point is that these contracts are enforceable in Florida thanks to a new law. citadel doesn’t want other funds poaching their employees.
If a company is forcing me to stay and the competition is offering me a better job, I can simply agree with the new employer that I would be forcing them to fire me. All I had to do was turn up in shorts and start watching movies in the office.
Check with a lawyer before trying to pull that. I'm not a lawyer, but my layman's expectation is that a contract with a surivability provision that would enable a non-compete agreement in the first place would be unlikely to distinguish between quitting and being fired for this purpose.
maybe. A firm like citadel can offer you your salary, keep you at home for 4 years while you don’t receive a bonus (which could have been 20x your salary)