Why a fixed-term employment contract is risky in global hiring
Safeguard Global
OCTOBER 1, 2020
HR, beware: Considering fixed-term employment contracts as part of your global hiring strategy could expose your company to more risk than you can handle, both legally and financially. Take it from this funeral home business in Canada: They were required to pay out nine years’ worth of compensation—close to $1.3 million —to a former employee for dismissing him in the first year of a 10-year contract.
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