Getting a Piece of the Action – Equity in Employment Contracts

Employees below “C level” (CEO, CFO, etc.) are unlikely to get rich on their salaries alone. The more usual way to make serious money from a job is to get some form of equity-based compensation. Employee equity is often granted via an Employee Stock Ownership Plan, or ESOP. About 7,000 companies in the US have … Continued

Why You Need to Review Your Employment Contract

So you’ve just been offered a job. YAY! You COULD just sign your employment contract, then head out to upgrade your collection of business-casual khakis. Or, you could actually READ it. Ick, you say. Why ruin a new-job buzz with all that boring legalese? After all the job hunting, resumes, and interviews, why rock the … Continued

Most Ridiculous Clauses in Your Contract

Signing a contract is serious business. Every word is important and a contract should not be signed without reading and understanding it. Contract clauses can bite! If the contract presented to you contains a ridiculous clause and you sign it, you will be bound to it (no matter how ridiculous the clause is)! We thought … Continued