Massachusetts Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Marketing Officer
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How to fill out Sample Employment Agreement Between Telocity, Inc. And Executive Vice President And Chief Marketing Officer?
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Duration of employment. Employee compensation and benefits. Employer's rules, regulations, policies, and practices. Confidentiality agreement. Non-compete clause.
An executive employment agreement is a legal contract between an employer and an executive that outlines the terms of their working relationship. These agreements include information about salary, benefits, stock options or awards, vacation time allotment and more.
Implied Contracts in Handbooks This occurs when a court determines that it was reasonable for an employee to believe a binding promise was made. However, Massachusetts courts seldom find implied contracts in handbooks, especially when the handbook explicitly disclaims contractual intent.
The current minimum wage in Massachusetts for non-tipped workers is $15/hour. This state minimum wage is more than twice as much as the federal minimum wage of $7.25/hour. Tipped employees are only owed $6.75/hour. However, with tips, they must reach the minimum wage or be compensated by their employer.
In Massachusetts, a written employment contract is generally enforceable ing to the terms of the contract. This means that if a contract has specific terms outlining compensation, benefits, or how and why an employee can be terminated, the employer is legally obligated to adhere to the terms of the contract.
What is a Massachusetts Employment Contract? A Massachusetts employment contract is a legally binding agreement entered into by an employer and an employee. This agreement lays out the specific rights and obligations of both parties throughout the employment relationship.