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Executive employment agreements usually cover compensation, benefits and equity grants. They also address termination. The most contentious topic of all is the termination clause. It is important to include a complete termination clause in any executive employment agreement. Here are the facts.

What to Look Out For in Executive Employment Agreements

The federal minimum wage currently stands at $7.25 and Philadelphia's is $7.25. However, the state legislature does not have the ability to raise it. The city cannot therefore set its minimum wage. There is much debate about whether Philadelphia should change the minimum wage.

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Executive employment agreements generally cover compensation, equity grants, length of employment and benefits. They often also cover termination. Termination provisions are often the most controversial of all these topics. A comprehensive termination clause should be included in an executive employment contract. Here are some things you should know.

OCR enforces several Federal civil right laws. These laws prohibit discrimination in education and employment. These laws also apply to activities and programs offered by state education agencies. Title II of The Americans with Disabilities Act (ADA), also prohibits discrimination based upon disability.

They also protect employees against unlawful discrimination on the basis of their age, sex or national origin, as well as pregnancy, disability and sexual orientation. Harassment committed against a protected person is also illegal. It can be based on the following: age, sex and national origin; military service.

In just six months, the Pennsylvania minimum salary standard for exempt employees will be higher than the federal minimum wage standard. Pennsylvania's overtime and minimum wage rules have been in place since 1968. They mirror federal minimum wage levels as well as the Fair Labor Standards Act's salary exemption minimums.

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In less than six months, Pennsylvania's minimum salary for exempt employees will surpass the federal minimum standard. Pennsylvania's overtime pay and state minimum wage rules were established in 1968. Pennsylvania follows the federal minimum wage standards and the salary exemption minimums set forth in the Fair Labor Standards Act.

Apart from providing substantial perks, the golden parachute clauses provide significant severance packages for executives who leave. These benefits may include a substantial salary, bonuses and vested status within retirement plans. They can be a great source of income when executives are looking for a job.

To ensure there are no surprises throughout the term of an executive employment agreement, it is essential to carefully craft a termination clause. A good termination clause should allow for a company to remedy the situation. Furthermore, the termination clause should prohibit the Executive's solicitation of employees.

Whistleblower claims

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It is important to carefully draft a termination clause for an executive employment agreement. This will ensure that there are no unexpected consequences during the term. To allow the company to address the issue, a good termination clause should contain a cure period. Additionally, the termination clause must contain a prohibition on the Executive from soliciting employees.

Our Philadelphia employment lawyers proudly represent workers representing all backgrounds and industries in a wide array of employment law claims. We strive to repair the wrongs done for hardworking workers to prevent future incidents.

* Family and medical leave

* Civil assault or battery

Employers can not ask for a doctor’s notice every time an employee has to take a sick day

Claimants to a severance agreement

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Tipping is legal in Pennsylvania as long tip-pooling doesn't exceed 80 percent tip-generating time. Federal regulations prohibit tip-pooling as an excuse to not pay minimum wages. Tip-pooling is prohibited for managers and supervisors.

An executive employment agreement may include a clause that provides a golden parachute. These clauses will kick in if the executive leaves the company. These clauses may be highly lucrative, but they can also result in companies not having enough capital to pay their top employees. Avoid golden parachute clauses, especially if you're an executive.

According to the Pennsylvania Department of Workforce Development (Pennsylvania Department of Workforce Development), more than one third of Philadelphia residents are paid the minimum wage. This percentage is higher among blacks, Hispanics and people without college degrees. Philadelphia's minimum wage workers tend to be young and non-white. They are also spread across all age groups with 58% of them being prime working age and 62 percent under 25.

Philadelphia health care law, regardless of why an employee is absent, requires that employers provide sick time for their employees. Employers must pay at least 80% to employees who require time to recover from illness.

Employees with disabilities are not fired

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A termination clause should be included in an executive employment agreement. It should define what constitutes "cause" including any offenses to the company or shareholders. The definition of "cause," in many cases, is vague and unclear. A worse case scenario is when the employee doesn't know what they did that warranted their termination.

Harassment of race

A golden parachutise in an executive employment deal can include a handshake. This is a larger version of the golden chute, which can include equity, certain stock options and other benefits.

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Someone needs to hold an employer responsible for mistreating their employees. It can be daunting for employees to begin this process. The Lacy Employment Law Firm is ready to help you build a strong case to protect your interests, whether you have been treated unfairly on the work place or need to level the playing fields while negotiating a contract.

Discrimination against religion

Each client is different and each situation is unique. We adapt our advice to your specific needs. Our team will always put clients' interests first. They will provide transparent and trustworthy feedback that is easy to follow and understand. We are committed to keeping our clients informed. We will always keep you posted on the status of your case. If you have any questions, you can reach your attorney by email, text, phone, or in person depending on what preference the client has.

An employee's psychological well-being can be affected by discrimination in the workplace based on their religious beliefs. As a consequence, employees can experience depression, low self esteem, and many other problems. Employees who are subjected to discrimination based upon religion can lose their social support networks. This can cause hostile work environments, high turnover and other problems.

Employers cannot discriminate against employees based upon race, color and marital status. Employers cannot discriminate against people of a certain age, except if it is a bonafide occupational qualification.

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Frequently Asked Questions

Employment law is much more than workplace discrimination. You might need legal counsel to help with employment agreements, contract negotiations, or a severance agreement review. There is also law that applies specifically to public sector employees. New Jersey employment laws differ from Philadelphia employment laws. And there are aspects of business law with an employment element as well. Perhaps you saw some illegal activity at work, then you can bring whistleblower claims. Did you suffer a personal injury at work? Then you have a workers compensation claim. Maybe your employer is accusing you of breaching a non-compete agreement or taking trade secrets with you to a new company. You will definitely need us in this case. There are so many different aspects of employment law. Give us a call and find out.

Employment and labor attorneys in Philadelphia, PA tend to be aggressive. Even securing legal counsel for a wrongful termination suit can be challenging due to the overwhelming volume of employment litigation in Philadelphia, PA. When you�re fighting to enforce federal civil rights laws and stop workplace discrimination, large companies take notice. But just because large companies and their employment law attorneys are aggressive, does not make sure you should be scared. The bigger they are, the harder they fall. And we have a proven track record of taking on Goliath.

Here are some questions that you should ask. How long will my case take? Am I better off settling early? Will you drop my case if we do not settle after the EEOC process? Have you handled this type of case before? How much of your practice is devoted to employment law?