retention bonuses

Stay-or-pay clauses in Canada? Experts weigh in on the U.S. trend of charging employees who quit

Source: www.hcamag.com ‘You’re kind of dangling a carrot for them to stay until the end of that contract’: DPO on retention bonuses “Stay-or-pay” clauses are a growing practice in the U.S., and while it is unlikely that such contracts will be upheld in Canada, there are still some lessons employers can learn from their neighbours south of the border, experts say.

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