If you are an employee at a company with a formal employment contract, it is critical that you understand all of the terms of your contract. This can help you ensure you get everything you are legally entitled to from your employer, as well as help protect you in the event you are fired or get into some other employment-related dispute. Here are seven important terms you should know in your employment contract:
Recently, the U.S. Department of Labor released a proposal that would limit wage claims against chain corporations like McDonald’s for employment-law violations filed against franchise owners or contractors. This announcement comes just days after McDonald’s, the world’s largest restaurant chain, released a statement that it will stop lobbying in Congress against industry wage hikes.
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