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...
Business Disputes: It’s What We Do
Photo of attorneys E. Kelly Conway, Michael E. Gehring and Stephen G. Harvey
Executive Employment
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...
Considerations for those who employ difficult executives
Many employers must deal with the occasional difficult worker. However, some work environments contain more challenging employees than others. For example, corporate career opportunities often attract hard-to-manage employees who are aggressive, stubborn or combative....
Executive perks to consider requesting in your next contract
Those who work hard to achieve success as an executive usually expect to enjoy a few perquisites or perks. At one time, companies lured executive talent to the fold with the promise of luxurious employment perks. Today, these perks are a bit less grand and somewhat...
Do you deserve a severance package?
If you’re leaving a business, whether you’ve been fired or you’re quitting, you may believe that you deserve a severance package. You should get some level of compensation as you exit that role. This may be direct financial compensation, stock options, benefits for a...
2 ways to restrict a non-compete agreement
There has been talk about banning non-compete agreements. Some states already do not allow them to be used. But, as of right now, these agreements are still legally permissible as long as they’ve been set up correctly. What a non-compete agreement does is that it...
Can an executive quit without giving notice?
It is common for most employees to give two weeks’ notice before they quit. With executives, this could be even more important to the future of the business. A company owner may have given an executive a significant amount of power. It can also take a long time to...
What Employers And Employees Need To Know About The Federal Trade Commission’s Proposed Ban On Non-Compete Agreements
Non-compete agreements (also known as covenants not to compete) are a type of contract provision that provides that a person or business will not compete against another person or business under certain circumstances. For many years they have been widely used in the...
What to do when an employee breaches their fiduciary duty
Your employees have a fiduciary duty towards you. They should act in your best interest exhibiting good faith and loyalty when it comes to matters involving employment. An employee who acts in a way that doesn't benefit the company may have breached their fiduciary...
5 important elements in an executive contract
Companies that have people in executive positions usually have employment contracts for those individuals. These contracts provide information about the duties and expectations of both sides. Having a solid employment contract is crucial to ensure the company and the...