If you were to quantify all the searching, interviewing, and negotiating with potential employees, and the efforts to train and assist them to ensure their success, it would be clear that companies spend a lot of money to employ top talent. Protecting key talent from leaving your employ is, therefore, serious business.
One tactic for protecting talent that has entered the spotlight recently involves an agreement or understanding with one or more companies that each will avoid hiring or soliciting the other’s employees. Illuminated, this type of arrangement might cross the line when it comes to antitrust law. The Department of Justice (DOJ) has recently issued guidelines to human resources professionals to make that point clear.