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CHAPTER 12. Final Match. Requirements for an Enforceable Contract. Offer Acceptance Consideration. Parties to the Contract. Employee Independent Contractor Third Parties. Form of the Contract. Written Oral. More Related to Contracts…. Disclaimers Contingencies Reneging
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CHAPTER 12 Final Match
Requirements for an Enforceable Contract • Offer • Acceptance • Consideration
Parties to the Contract • Employee • Independent Contractor • Third Parties
Form of the Contract • Written • Oral
More Related to Contracts… • Disclaimers • Contingencies • Reneging • Other Employment Contract Sources (Handbooks) • Unfulfilled Promises
Job Offers • Applicant Attraction Strategies • Starting Date • Duration of Contract • Compensation: Starting Pay-Flat Rate, Differential rates, Pay Incentives and Bonuses • Benefits
Job Offer Content (Cont.) • Hours • Special Hiring Inducements: Hiring Bonuses, Relocation Assistance, Hot Skill Premiums, Severance Packages • Restriction on Employees (confidentiality clauses) • Acceptance Terms • Sample Job Offer Letter
Job Offer Process 1. Formulation of the Job offer -knowledge of competitors -applicant truthfulness -likely reactions of offer receivers -policies on negotiations and initial offers (lowball, competitive, best shot)
2. Presentation of job offer (mechanical approach, sales approach) 3. Job offer Acceptance and Rejection 4. Reneging
New Employee Orientation and Socialization • Orientation • Socialization (Content, Delivery)
Legal Issues • Authorization to Work • Negligent Hiring • Employment-at-Will