Employers take risks every day with the people that the company hires - including top level managers and CEOs. So do brands and sports teams when they hire spokespeople or athletes on multi-year, multi-million dollar contracts. Anytime there are significant dollars committed to a single person over a long period of time, real risk exists.
One of the most impactful traits of the people you hire is their moral character. This is especially true when the person you hire is your spokesperson, or your chief executive, or otherwise is the face of your organization. One of the most impactful tools you have to control your contractual relationships are called morality clauses.Read More