If you hold an executive position in Detroit or other Michigan regions, you may think that you are safe from an employment dispute. After all, you have a legally binding employment contract that protects you from employer mistreatment. You probably spent a lot of time studying your contract and may have gotten a legal professional to review the document before signing. However, you or your boss can breach even the most ironclad employment contracts.
We realize that it is highly unlikely that you would knowingly violate the contract designed to protect you, but what about your employer? What guarantee do you have that he or she will always remain in compliance with your contract? The answer is that there are no guarantees in the world of executive employment and some employers do breach employment contracts.
For example, say that your contract promises you an annual salary of $150,000. However, on your first day, your employer tells you that all executives within the company receive only $100,000 for the first year of successful employment. If this statement does not appear anywhere in the agreement you both signed in good faith, then your boss is in breach of contract.
When superiors violate employment contracts, executives must decide how to proceed going forward. We have seen some employees find a successful resolution simply by confronting their employers, but this is a somewhat rare outcome. In most scenarios, executives damaged by a breach of contract find success by pursuing a legal remedy.
Sometimes, it helps to prepare for the possibility of employment contract violations in advance. An attorney can help you with this goal while also providing additional services to improve your job security. Please continue reading our blog and our website if you require more information.