As an executive, having a stellar professional reputation is invaluable. You know how important it is to be highly regarded in your field. Therefore, it is upsetting if you discover a former employer has spoken poorly about you and your job performance. Do you have...
Misconduct in a business setting may be enough to spur legal action. In some cases, misconduct is used as a reason for firing an employee. For example, executives are not usually classified as at-will employees, so they can only be fired for cause. The termination...
“Garden leave” is a clause in an employment contract that requires an employee to serve out their notice period after they’ve resigned away from the workplace – basically doing their gardening or whatever else they want to do. During this time, the employee continues...
Business defamation has always been an issue but the internet has made it much worse. A single allegation from a disgruntled customer or an ex-employee or partner can reach millions of people within a short period on online platforms. Customers have been known to...
As of now, businesses can still use non-compete agreements. These agreements stipulate that employees who leave the company can’t just go directly to the competition, thus taking their trade secrets and insider information with them. It is a way for a business owner...
When someone quits a job immediately, it can be very problematic for the business. If an executive simply walks away, for instance, there may not be any leadership in place to guide the company. This can be detrimental to the owner and to all of the employees who are...
Whether a company lays off dozens of workers at once due to downsizing or engages in targeted terminations based on performance reviews, sudden job loss can lead to significant financial challenges for the employees who have been let go. A severance package can help...
In the world of business, finding the “secret sauce” that sets you apart can make all the difference in your entrepreneurship journey. And given how a competitive advantage is hard to come by, it behooves any serious entrepreneur to protect their trade secrets from...
When two or more like-minded people agree to share skills, efforts and resources to go to business for profit, they are deemed to be in a partnership. And just like romantic relationships, business partnerships are founded on trust and shared visions. Unfortunately,...
In today's fast-paced business landscape, disputes are inevitable in any company's journey. And dealing with these conflicts can consume valuable time, resources and energy that could be better utilized to drive growth and innovation. Business success involves...