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CHAPTER 12 Final Match. Requirements for an Enforceable Contract Offer Acceptance Consideration.

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Presentation on theme: "CHAPTER 12 Final Match. Requirements for an Enforceable Contract Offer Acceptance Consideration."— Presentation transcript:

1 CHAPTER 12 Final Match

2 Requirements for an Enforceable Contract Offer Acceptance Consideration

3 Parties to the Contract Employee Independent Contractor Third Parties

4 Form of the Contract Written Oral

5 More Related to Contracts… Disclaimers Contingencies Reneging Other Employment Contract Sources (Handbooks) Unfulfilled Promises

6 Job Offers Applicant Attraction Strategies Starting Date Duration of Contract Compensation: Starting Pay-Flat Rate, Differential rates, Pay Incentives and Bonuses Benefits

7 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

8 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)

9 2. Presentation of job offer (mechanical approach, sales approach) 3. Job offer Acceptance and Rejection 4. Reneging

10 New Employee Orientation and Socialization Orientation Socialization (Content, Delivery)

11 Legal Issues Authorization to Work Negligent Hiring Employment-at-Will


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