Should I Have My Employees Sign An Arbitration Agreement?
Hagood Tighe's article "Should I have my employees sign an arbitration agreement?" was featured on the August 11, 2014 Southern Newspaper Publishers Association Ask the Expert column.
Arbitration is an alternative to court litigation. This is a binding way to resolve disputes. If parties subject themselves to arbitration, they are bound by the decision the arbitrator (basically a private judge) makes. And, that decision can only be appealed in very limited situations.
Before a company has their employees sign arbitration agreements, it needs to consider the pros and cons, costs, legal issues and other considerations.