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WHAT IS BREACH OF EXECUTIVE EMPLOYMENT AGREEMENT

December 7, 2021 by Carter Leave a Comment

An executive employment agreement is a written document usually between an employer and a highly compensated executive. This agreement contains more expansive terms and conditions than a normal employment agreement.

What is a breach of Employment Agreement?

A breach of contract happens when either you or your employer does not follow either of the terms stated in the contract. For example, when you do not work for the hours that the agreement states or your employer does not pay your wages or provide tools for the task to be carried out.

In New York, if you breach a contract your employer should try to settle the matter informally but they can sue you for any damages. In case they use the court to settle down the issue, they will need to make an application and be accepted. The most common cases where employees breach their contract is when:

● You quit your job without notification

● You enter into a contract or go work for a competitor when your employer is against it

● Embezzlement or fraud against the corporate

● Failure or neglect to perform duties

● Also, withdrawal or turning down a job offer after accepting it- an agreement is drawn as soon as you accept a job offer

Often, employers terminate executives without adequate reasons or with no reason at all. In such cases, the executive may not be able to live up to unrealistic expectations or clash with the corporate culture. Such cases involve interpretation of complex contract terms and expectations of employees are high, hence you should find an experienced lawyer to handle such a case and advise you professionally.

An executive needs to retain an employment lawyer to negotiate on your behalf, with the corporate. They bargain for terms and conditions of the agreement to favor you so they do not unjustifiably dismiss the executive.

For those employees whose employment is coming to an end, or have resigned with a good cause like health issues, and need advice concerning post-employment they should seek legal advice. They are entitled to severance compensation. The lawyer will negotiate favorable separation terms for the client.

HAVE YOU EVER ENCOUNTERED DISCRIMINATION QT YOUR WORKPLACE? HOW DID YOU DEAL WITH IT?

Discrimination in workplaces is illegal. Thousands of people report discrimination cases to the government each year and rarely do the employers hold them accountable. This is a huge problem, especially for developed countries. Whenever you find yourself in such compromising situations, you are advised to seek legal advice before taking matters into your own hands. Our company, Claudia Pollak Law deals with discrimination in workplaces. We are experienced in this field and have held such cases before. We assure you your case is special and will be attended to with at most empathy it deserves. Employees face the following are discrimination in their workplace:

● Race discrimination

● Disability discrimination

● Gender discrimination

● Sexual harassment from colleagues or bosses

● Denial of family medical leave

● Hostile work environment- sometimes the conditions are too harsh for employees to work in

● Unequal payment

Contact Claudia Pollack today!

 

Filed Under: Business

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Neighborgoods is all about living a healthy and community based lifestyle. Staying active and being outdoors is what life is all about :) It may not be for everyone, but I believe that the more time we spend with others being active outdoors, the happier we are.

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