5 ms·
Employment contracts are very rare in corporate employment for most positions, whether tech, accounting, etc, with the exception of course being Collective Barg
by aksss 5y ago
Employment contracts are very rare in corporate employment for most positions, whether tech, accounting, etc, with the exception of course being Collective Bargaining Agreements and some 'reputational' positions like the CEO. Such contracts, like at-will employment, balance interests and are too 'double-edged swords' themselves.
So offers for at-will employment can be rescinded, though they do cost an organization - time wasted, restarting candidate search, loss of productivity, etc. Usually not done flippantly at a competent and prudent organization.
Stripe may be neither or it may have had a great reason that made a lot of internal sense. We'll probably never know.
- staticautomatic 5y agoThere’s still promissory estoppel, though.
- aksss 5y agoIs there? I literally have no idea how many states respect that doctrine wrt at-will employment, particularly outside of CA. The limits to PE claims are based on your lost income from previous job, not compensation you would have received (which a contract dispute would theoretically avail to you). Right?
- staticautomatic 5y agoSure. All US states recognize promissory estoppel doctrine, and I'm not aware of any state statues which specifically bar it in employment cases. Damages in a PE case-- "reliance" damages-- could certainly include lost income from a job you quit in reliance on an offer from another employer. But they could also include any other harm you suffered by virtue of relying on it (relocation expenses would be a canonical example here). Yes, those damages would also be available in a breach of contract case. Source: Myself (More than a decade consulting on contract and employment litigation; currently a law student; just got an A in contract law).
- aksss 5y agoHow about this for a better source: https://www.executiveemploymentattorney.com/has-a-new-employer-withdrawn-your-executive-job-offer-how-promissory-estoppel-might-give-you-a-legal-remedy/ https://www.executiveemploymentattorney.com/has-a-new-employ...