Employment contracts are important documents that govern an employment relationship. Similarly, termination agreements set out your compensation terms when the relationship ends. Employers generally hold a lot of power when drafting them. However, employees can legally expect a duty of honesty and fair play when negotiating the terms.
Disability Benefit Contracts supposedly offer peace of mind – The promise of income replacement if you are suddenly disabled or taken ill. Yet claimants often find no peace of mind when they make a claim to receive them.
What happens to your job when your company is sold? Can the new “Successor Employer” change the terms of your employment contract? The answer is unclear because of a recent controversial court decision.
Canadians and Americans may be culturally similar on some levels. However, in the arena of employment law, we could not be further apart. This is a legal environment that would make the likes of Donald Trump contrite and speechless. U.S. style employment contracts generally will not pass the Canadian “smell test”.