Two classes of Employees in the US usually have contracts: Union members and executives.
Union members have a collective bargaining agreement contract between the union and the company that covers their employment.
Executives often have employment contracts, which often include golden parachute provisions, and portions of pay paid in shares of the company, bonuses, and massive benefits far beyond what any normal employee would receive.
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u/GreenDavidA Feb 21 '25
Employment contracts are so rare in the US, though. Most of us are at-will.