When asked to provide a reference check for a former employee, you may feel uncertain about what you can and cannot discuss. While you want to be honest about an employee’s performance, you likely know you should avoid certain topics. Being cautious is key, as the...
Executive Employment
What should be included in a severance package?
From an employer’s perspective, severance packages serve as a gesture of goodwill and can mitigate potential legal risks in the event of termination. These packages serve to provide a cushion for employees during the transition to new employment. Understanding the key...
How can I best negotiate my employment contract?
The terms of an employment contract can be undeniably consequential. For example, someone's employment contract will likely set their base pay rate, explain the benefits they’ll receive and establish when the company will pay them bonuses or other forms of incentive...
What is a severance package?
A severance package is a compensation package that employers offer employees who are laid off or let go under various circumstances. It can be an essential component of the employer-employee relationship and can better ensure a smooth transition away from an...
Should a lawyer review my offer and employment contract?
Executive employees play a pivotal role in shaping the success and growth of organizations. As an executive employee, you possess unique skills, knowledge and responsibilities that set you apart from other staff members. With this in mind, the question arises: Should...
Why executives need to be careful on social media
In the Digital Age, social media has become a powerful tool for communication, networking and brand promotion. Business executives often utilize these platforms to engage with their audience, share insights and enhance their company's image. However, the virtual world...
What if your former employer gives you a bad reference?
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...
How do non-compete agreements need to be restricted?
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...
Can an executive quit immediately?
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...
How are severance packages negotiated for terminated employees?
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...