Clean line in a Retention Agreement - Online Editor

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How to clean line in the Retention Agreement

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Transcriber: Ivana Korom Reviewer: Camille Martnez We survey CEOs, police officers, truck drivers, cooks, engineers. If people are working, weve surveyed them. And what we know, in terms of their happiness: workers all want the same things. [The Way We Work] Theres three billion working people in the world. And about 40 percent of them would say theyre happy at work. That means about 1.8 billion, or almost two billion people, are not happy at work. What does that do, both to those people and the organizations that they work in? Well, lets talk about money. Organizations that have a lot of happy employees have three times the revenue growth, compared to organizations where thats not true. They outperform the stock market by a factor of three. And if you look at employee turnover, its half that of organizations that have a lot of unhappy employees. The miracle thing is, you dont have to spend more money to make this happen. Its not about ping-pong tables and massages and pet wal

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is the meaning of have a clean record?

Answer and Explanation: The idiom have a clean record emphasizes that a person does not have recorded problems and has not broken any rules or laws. This phrase is similar to another idiom: have a clean slate. If you have a clean record, you have not committed any wrongdoing that would be written in any records.

Can a company make you pay back a retention bonus?

Just because you accept a retention bonus doesnt mean you cant look for another job. Worst-case scenario? You pay back the money. However, in most cases, the money isnt paid to you until youve completed your obligation, so paying back the money isnt usually an issue.

Can you get out of a retention agreement?

Under the US National Labor Relations Act, employees have the right to find new employment. But if staff resigns before the date stipulated in their retention contract, they may be obligated to return any benefits they received in relation to the agreement.

What are retention contract terms?

In exchange, the retention agreement will require the employee to agree to remain with the employer for a certain period of time. If an employee leaves, depending on the circumstances and terms of the retention agreement, an employee may forfeit or have to return all or some of the benefits they received.

What is a clean record agreement?

In the Federal civil service, a clean record agreement (CRA) is a contract between a Federal agency and a past or current employee in which the agency agrees to remove potentially negative information from the employees record in exchange for the resolution of employment-related claims against the agency.

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Clean line in the Retention Agreement