Don't feel too bad: The disgraced CEO walks away with about $2 billion in stock.
While you may think that employment contracts are only for large companies, you may want to think again. They can benefit even the smallest business, especially if you have valuable trade secrets you need to protect.
Employers, employees, and independent contractors should beware of utilizing a standardized form. It may be incomplete or not appropriate for your situation.
U.S. employment-at-will law essentially allows an employer to fire at any time or an employee to quit at any time without legal consequences. Montana is the only state without employment-at-will after a probationary period.