You might also view them as a tacit admission that the value you create is worthless to competitors after a year (or whatever the period is).
Either way, they make little sense for the vast majority of non-C-level employees. Employers should be bidding on the employee's knowledge and skills, like you say. If it's imperative that the employee not move to the competition, then do the cost-benefit to retain that employee.
Either way, they make little sense for the vast majority of non-C-level employees. Employers should be bidding on the employee's knowledge and skills, like you say. If it's imperative that the employee not move to the competition, then do the cost-benefit to retain that employee.