ContractExecutive Director Employment Agreement • November 18th, 2013
Contract Type FiledNovember 18th, 2013Despite claims to the contrary, non-profits and their executive directors both benefit from the existence of an employment contract. The employment agreement should clearly spell out the terms of the employment relationship and leave no surprises. The executive director’s salary should not be the determining factor in whether or not to enter into a contract. Rather, a desire to minimize and manage risk by both parties and to avoid a bitter and costly end, makes having an employment contract a smart idea.