Layoffs are an unfortunate reality for many businesses. As part of its reorganization, Sears Holding filed a notice of layoffs, which will impact the local distribution center. Layoffs typically impact anyone whose job is "non-essential." However, some companies use...
Year: 2018
Negotiating contracts for medical professionals
Negotiations may determine the professional and, in many ways, the personal lives of medical professionals for many years. For this reason, preparation is required before negotiating employment contracts for medical professionals. First, professionals should determine...
Signing a severance agreement at termination
Ending a job, voluntarily or involuntarily, may include stress and important decisions. Many times, employers ask departing employees to sign separation or severance agreements. Before signing, an employee should consider several matters. A severance agreement is a...
Employment contracts have benefits
Receiving a job offer is the time to consider job security. While employment contracts are considered mostly beneficial for employers, they can also provide a safety net, which sets forth the employer's obligations concerning salary, benefits and other important...
Contracts can restrict medical practice
Physicians do not have to perform certain procedures that conflict with their religious beliefs under federal conscience protection rules enacted over 40 years ago. Religious hospitals may also have contracts restricting doctors, for example, from engaging in birth...
5 things to consider before signing a severance agreement
When you finished your residency and started practice in Hershey, you thought you had found the perfect hospital. As your practice developed, though, you began to look for different employment opportunities that better fit your interests. Now that you have found a new...
Pennsylvania considers ending non-compete agreements
Pennsylvania now enforces non-competition agreements if certain conditions are met. A bill pending before a state house legislative committee, however, would severely restrict their use. This could change the circumstances for negotiating employment contracts. Now,...
Dealing with noncompete agreements
A person looking for a new job or trying to leave a medical practice may face legal obstacles. Many new doctors must deal with noncompetition agreements contained in their employee contracts for medical professionals. One quarter of new doctors leave their jobs within...
What should be in an employment contract?
Getting a coveted job offer does not end negotiations or consideration of the job. The terms of employment contracts can have long-term consequences on one's career and finances. Job security is an essential component. Applicants should review whether there is...
Agreeing to a severance buyout
Recently, major corporations such as General Motors, Verizon and Pfizer have announced employee buyouts for the end of this year. These buyouts illustrate the emotional and financial considerations that accompany their decision to enter severance agreements. This...