Bloomberg Radio Features Brett Gallaway on Employment Contracts

Why You Really Should Read Your Employment Contract

From the pesky, far too long, constantly updating terms of service agreements to our similarly verbose employment agreements, nobody reads the fine print. Want an example? A survey of 1,000 people in the U.K. found that more than 90 percent hadn’t read their employment contracts. Yet the stuff we sign when we start a job can come back to bite us. Take the non-disclosure agreement, which has come up in multiple high-profile stories this year. One woman accusing Roger Ailes of sexual harassment may face legal action for breaking an NDA by telling her story to the press. Trump campaign volunteers also sign an NDA agreeing not to “disparage publicly” Trump or anything related to him — even after they stop working for him. The Republican nominee has hinted that he might bring that policy to the White House.

So it’s time to get smart about the world of employment contracts. And because both Sam and Rebecca are guilty of skimming their employment agreements, they seek the help of a labor and employment lawyer, Brett Gallaway. He breaks down the standard terms of a boilerplate contract and what signing that dotted line really means.

Bloomberg Radio
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