Employers looking to amend and update employment contracts with current employees should be mindful of the elements that must be satisfied for the agreement to be found valid and enforceable.
Although the interview process is generally quite stressful for employees, it’s no walk in the park for employers either. A lot of time, energy and resources go into courting a candidate. So, it’s fair to say that when a winner finally is selected and they’ve signed their shiny new employment contract, it hurts when they’re a no-show on their first day.
It has become harder and harder to have a binding termination provision in an employment agreement, but it can still be done. Several cases provide further details.