Edit: also, I have refused to sign non-competes in the past and still been hired. This is something you can negotiate at some companies.
Edit: also, I have refused to sign non-competes in the past and still been hired. This is something you can negotiate at some companies.
Seriously. NEVER EVER sign anything on the way out of a job. Don't be a dick about it, but don't sign.
Any reasonable company would do it this way unless they are trying to screw you.
That's not crazy -- they're compensating you for the inconvenience.
Whether that's a good idea or not is a different story, and would depend on how easily you could get a job, what it would pay you if/when you got it, and how much/how long the compensation would be.
In the oil industry it's not uncommon to see 1- or 2-year non-competes... with 100% compensation for the same amount of time.
Sorry if I wasn't clear, I meant signing stuff during your exit interview, so on your last day and quite literally on your way out the door.