No-Poach Recruiting Agreements Cost Employers $25.5 Million

Think it’s OK to agree with other employers not to recruit their employees if they won’t go after yours? Think again.That kind of arrangement can get you into some legal trouble. Just ask a group of asset and wealth management companies that recently got hammered to the tune of $25.5 million for entering into such an agreement.Handshake Deal: No Recruiting of WorkersThe defendants in this case are big players in the asset and wealth management space. In fact, the three groups of defe