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If an employee in executive position submits a letter of intent, that at the end of 2008 she/he will not continue with the Company, can the employer treat that as a resignation letter and release the employee immediately?
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Q: If an employee in executive position submits a letter of intent, that at the end of 2008 she/he will not continue with the Company, can the employer treat that as a resignation letter and release the employee immediately?
A: Yes. Unless you have an employment contract and a couple of other minor exceptions which someone with greater knowledge than I will tell you, you can be fired for any or no reason.“Be not niggardly of what costs thee nothing, as courtesy, counsel, & countenance.”
--Benjamin Franklin -
Since the only vague mention of a date is "the end of 2008," which isn't untill Dec 31, if you fire her now, it'll be considered an involuntary term for UI and wage payment.
This employee gave you 7 months notice. Don't abuse it.Comment
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Compensation Plan
Thank you both for the informed replies.
Another question, same scenario. A "compensation plan" was signed at the beginning of 2008, describing all bonuses and how they would accrue during year 2008. The multi-page document is signed by the executive employee, their supervisor, and human resources. It does not say that it is not to be construed as an employment agreement.
Based on this description, could this document be considered an employment agreement?Comment
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It depends on what terms you mean. This is something you need to talk to a lawyer about.Comment
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