The U.S. Securities and Exchange Commission reports that many companies are using stock options as a way to attract and retain employees in the booming California business market. Employees granted stock options can profit by purchasing shares at a set exercise price and trading them at a higher price. Stock…
He may have looked the part, spoken well in the interview, and had the right experience. In fact, he seemed like a great fit for your company. It’s only after a few months that you realize why he was available in the first place. Employees who clearly engage in wrongful…
In the Silicon Valley technology sector, intellectual property is more than just a buzzword. It is an asset with the potential to generate significant income for years to come. Intellectual property includes patents, copyrights, and trademarks. Many employers protect their intellectual property with invention assignment agreements and confidentiality agreements. What…
Options When Faced with a Legal Dispute When faced with a legal dispute, it is important to know what your options are. A San Jose business owner typically juggles multiple commercial relationships on a regular basis – vendors, clients, employees, contractors, and business partners. Given the nature of running a…
How Can a Founder be Removed as an Employee? You may expect the founder of a company to remain in charge of the enterprise until it the founder either retires or the company closes up shop. After all, the company would not exist without the founder, so they should retain…
Technology is an integral part of our business in this fast-paced world. This is true no matter the size of your organization, especially in the Bay Area. Managing contracts efficiently and effectively can be a burdensome task, but a critical one. Contracts form the basis for almost every deal we…
For decades, the traditional 40-hour per week work schedule has involved working five eight-hour days per week, often Monday through Friday. However, in recent years, many companies have realized the benefits of offering alternative work schedules for employees. Such benefits include improved job satisfaction, employee morale, additional opportunities for public…
Contracts are essential to any business deal. No matter how close the parties and no matter how clearly the terms are spelled out, there is always a possibility of the other party breaching the contract. Whether a contract is with a vendor, another business, an employee, or any other party,…
It is always advisable for employers to have an employee handbook, which will contain important information that protects you legally. Even if a company only has a few employee, without a handbook, it might expose itself to the greater risk of a lawsuit regarding sexual harassment, wrongful termination, and other…
If your business employs workers in California, you need to be aware of California laws that govern employer obligations and employee rights regarding overtime. Employer compliance is strictly enforced, and a failure to comply can result in a class action lawsuit against your business. California courts are known for being…