More than 43% of American workers plan to look for a new job in 2020! According to Robert Half, “[T]his number is the highest I’ve seen from a survey…Imagine an organization losing 43% of its staff during a 12-month period. Is it any wonder why so many employers are “concerned” or “very concerned” about staff retention? This high number speaks to the strength of the market and the confidence that employees have in their ability to find new employment opportunities.”1
That’s disturbing news for those business owners who hope to retain their valued employees. And for those employers planning to leverage the anticipated exodus to upgrade their own personnel roster, success may turn on their willingness to make longer-term commitments to their new recruits.
Whether you are working to retain existing employees or attempting to attract new ones, a well-drafted employment agreement remains one of the best motivational tools.
Snell & Wilmer invites you to the next program in the Emerging Business Seminar SeriesTM, where partners Brian J. Burt and Joshua R. Woodard will discuss how to prepare an employment agreement.
Topics for this complimentary seminar will include:
- Understanding the difference between at-will employment and employment agreements
- Negotiating and drafting an employment agreement
- Title and duties
- Bonuses and incentives
- Term and termination
- Restrictive covenants – confidentiality,
1 Robert Half August 2019.
For more information, and to RSVP, click here.