EMPLOYMENT CONTRACT

Analyzing the Case of Tom: Deterring Contract of Employment

Analyzing the Case of Tom: Deterring Contract of Employment

Introduction

Contracts for professional employees have evolved dramatically since the development of corporate businesses. Initially, employees were powerless in contract negotiations. Because of the reserve clause, owners wielded so much power over the businesses that employees were presented with a “take it or leave it” option in contract negotiations. Since the creation of unions in the leading industries, employment contracts have become more equitable for employees, who have also acquired more bargaining power in their individual contracts. Employee contracts must still meet ...