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Holiday pay
Holiday pay is an alternative type of compensation offered to employees as a benefit. Typically, an employer offers holiday pay for a full or partial day off. Some employees may receive a higher rate of pay when working on specific holidays. Federal law does not mandate the provision of holiday pay or paid holidays, but employers do have to provide reasonable accommodation to employees to celebrate religious holidays.
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Non-Disclosure Agreement
A non-disclosure agreement (or NDA) is a contract between a group or individual wanting to protect sensitive information and an individual or group with access to that information. Other terms include non-disclosure contract and confidential disclosure agreement. The document restricts what information can be shared with others. Examples of sensitive information that might be protected…
Non-Compete Agreement
A non-compete agreement is between an employer and an employee, requiring the latter to agree not to work for any competing organization during or after employment. Prohibited actions under such an agreement could include: Starting a new business in the same industry Taking another job Signing another contractor Working for a competing business Working within…
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