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Retention Agreements to Protect Employers

An employee retention agreement is a contract between an employer and the business that outlines specific terms of employment; specifically, that the employee will remain at the company for a set period of time and be provided a guaranteed bonus after a set length of time. This type of agreement is designed to help your business retain valuable employees during periods of uncertainty and transition. For example, if your company is facing a merger or other management changes, then you may want to consider an employee retention agreement to encourage your most valuable employees to remain with your company during Read more