Company on track for 22 goals. Traditionally included 2% profit sharing at YE, this year however comes with a unique caveat.

The CEO added a qualifier, to be eligible for the payout one must agree to and sign a binding arbitration agreement. In the CEOs email to staff he indicates these agreements are standard in most companies and typically required for new hires.

I’m curious to get insight from others. Is this standard practice and generally required for new hires? Something feels off.

Posting as :
works at
You are currently posting as works at

Yes, all of our contracts include arbitration agreements. Just dumb they’re doing it after the fact. Most likely came up in audit.

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