Some human resources professionals estimate that the average American worker will hold as many as ten jobs during his or her lifetime. Readers in Prince George’s County have certainly read stories about reductions in force and layoffs during the recent recession. Yet even in a bull market, changing technology may impact the workforce in ways requiring adaptation, and possibly a new job.
With that much estimated turnover, taking time to thoroughly draft and/or review the terms of an employment agreement seems to be in the best interests of employer and employee alike. However, deciding upon the terms of severance can require resolve, especially when many individuals are tempted to simply accept an offer of employment without reading all of the fine print.
Yet understanding material provisions such as grounds for termination, severance pay, and non-compete agreements may ultimately make a transition to a new job smoother. Some industry professionals believe that an employment agreement may actually create an incentive for employees to stay in their current position until they are truly ready to explore new opportunities. When an employee has decided to make a change, knowing the precise details upfront may encourage employees to give employers enough notice to prepare for the adjustment, and vice-versa.
Maryland workers who live close to the District of Columbia’s borders may hold federal or local government positions. Municipal employees often belong to unions that have negotiated a collective bargaining agreement with an employer. In that event, the CBA’s terms would likely govern matters of termination and severance. Federal employees might be subject to federal labor regulations and policies. An employment attorney might able to provide guidance in such matters.
Source: forbes.com, “How To Quit Your Job The Right Way,” Annette Richmond, May 30, 2013