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Bonuses and incentives can attract top talent and motivate executives to perform well. If not handled carefully, however, they can become a legal headache. Therefore, you need to understand the legal rules that surround these rewards before offering them. Consider...
When businesses expand their operations, one of the most critical steps is to enter into contracts with new employees, vendors and customers. While contracts provide a framework for mutually beneficial relationships, they can also lead to disputes if one party fails...
Certain situations, such as unforeseen layoffs and abrupt company restructuring, force companies to part ways with their employees. While the law does not require an employer to provide severance pay to its leaving employees, it has been a practice in a lot of...
Before you can start working at a new job, you must read and sign your employment contract. It generally contains standard clauses about your new position, including your job description, grounds for termination, compensation details, non-compete restrictions and...
Starting a new job is exciting and you are likely eager to get the ball rolling in your new position. But before your first day, you may be presented with an employment contract to sign prior to beginning work. It is important to have a clear understanding of these...
Most employers in Minnesota ask their employees to sign non-compete agreements. Whether a specific non-compete agreement is enforceable against the employee depends heavily on the exact circumstances surrounding the signing and execution of the agreement. Formalities...
Starting a new job can be stressful for Twin Cities residents. If you’ve been out of work for a while, you may be nervous about re-entering the workforce, while if you are changing industries, you may wonder if you’ve made the right choice. Along with these...
Employment contracts are legally binding documents that provide important details about employer and employee obligations and expectations. Not all employment offers and contracts are the same. Some contracts may benefit the company more than the workers. People who...
A Minnesota food and service sales company, Supervalu Inc., is suing to keep a former executive from allegedly sharing confidential trade secrets with a competitor.The executive worked for Supervalu as its president of independent business, overseeing sales to about...
The Minnesota Orchestra recently announced that it has cancelled all concerts through the end of the year. The move may indicate that negotiations between orchestra management and musicians are at an impasse.Orchestra management seeks to cut $5 million from labor...