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Employment Contracts Archives

Right to work law overturned in Missouri

Labor unions have been dealt a series of defeats in recent years, including the Supreme Court ruling in June that unions cannot require workers to pay union dues or other fees. Therefore, it is considered a big victory that the Missouri voters overwhelmingly rejected the right-to-work law created in 2017.

What makes employees leak trade secrets?

Trade secrets are a crucial part of any company. They help your business compete in a crowded market. Every company guards its secrets fiercely. However, many companies frequently have to deal with information leaks from current or former employees. These leaks, no matter how inadvertent or seemingly minor, can wreak havoc on a business. It leaves many employers wondering just what would motivate an employee to leak a company secret, and how to prevent such leaks.

Is it time to review your employment practices and policies?

There can be a number of different reasons why management or a business owner has not reviewed their employment practices or even have a policy. These can range from the fact that the business is starting to expand beyond a small family-run operation, or perhaps it's something that you have done in the past and have been too busy focused on running the business rather than reviewing its practices.

Stock option plans: What employers should know

Employee stock options have become increasingly popular in recent years. Due in part to the rise of small- and medium-sized startups, stock options are being included in employment contracts more and more frequently. For employees, stock option plans offer a share of their employer's success; for employers, stock option plans attract and retain talent without draining the company's pocketbook.

The basics of restrictive covenants in employment contracts, pt 2

Restrictive covenants are often a necessary component of employment contracts. They can prevent former employees from poaching their colleagues, ensure company secrets remain private and restrict a departing employee's ability to compete with your company. 

The basics of restrictive covenants in employment contracts, pt 1

When you are creating an employment contract, it is sometimes necessary to lay out a few restrictions. For example, if an employee leaves your company, would you want him taking his knowledge of your confidential information and using it to compete with your business? How about if a former employee was to recruit your clients or customers to a competing company? Both of these scenarios could cost any company dearly.

Ten important contracts for your small business, part 2

In our previous post, we discussed five business contracts that you should know about if you are a business owner. This follow-up will conclude the series and go over five more important contracts that may be helpful to your small business.

Ten important contracts for your small business, part 1

Without a doubt, running a small or medium-sized business can leave you swamped with legal paperwork. To make the process a bit easier, we have compiled a list of ten essential contracts that you should know about. This post is the first in a two-part series that will address important employment contracts for your business.

Trade secrets, non-competes, and complex litigation

Some companies provide services to their customers, while others produce products. For the companies that provide services, they need to have amazing customer satisfaction and top-tier communication skills so that their customers are happy with the service. For the companies that provide products, they also need to have amazing customer satisfaction, but to achieve that they need unique products (and pieces to their products) to differentiate them from other companies.

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